Huace Film & TV: Fu Meicheng plans to reduce his holding of the company's shares by no more than 1.11%.

Huace Film & TV Announcement: The actual controlling shareholder, Fu Meicheng, intends to reduce his holdings by a total of no more than 20.7612 million shares through centralized bidding and block trades, accounting for 1.11% of the company's total share capital. The reduction period will be within 3 months after 15 trading days from the disclosure of the announcement, from June 6, 2025 to September 5, 2025. The reduction price will be determined based on the secondary market situation. Mr. Fu Meicheng currently holds 348 million shares of the company, accounting for 18.31% of the total share capital. The main purpose of this reduction is to reduce debt and control financial risks. The implementation of the reduction plan has uncertainties, and Mr. Fu Meicheng will decide whether to implement it based on market conditions.