Karl: Major Shareholder and Concerted Actor Intend to Reduce Company's Shares by no more than 3%

Kelek announced on the evening of May 11th that the company's controlling shareholder, Sheng Yan Investment, and concerted action person Kelek Technology plan to reduce their holdings of the company's shares by no more than 14.647 million shares, which is no more than 3% of the total share capital of the company. In addition, the directors and senior management personnel Wu Chunxia, Gu Junnong, Zhou Zhengguo, and Zhou Mingliang of the company plan to reduce their holdings of the company's shares by a total of no more than 6.49 thousand shares, accounting for a total of 0.014% of the company's total share capital.