Xinshida: Director Wang Chunxiang and Deputy General Manager Cai Liang plan to reduce their respective holdings of 0.15% of the company's shares.

Xinshida Announcement: Company directors Wang Chunxiang and deputy general manager Cai Liang plan to reduce their holdings by no more than 1 million shares each through centralized bidding or block trading within 3 months after the announcement disclosure date, which is 15 trading days later, accounting for 0.15% of the total share capital of the company. Wang Chunxiang currently holds 2.12% of the company's shares, and Cai Liang holds 1.25% of the company's shares. The reason for the reduction is personal financial needs. The reduction price will be determined based on the market price, and the reduction plan complies with relevant laws and regulations and previous commitments.