Vanguard Electronics: Director Cheng Di plans to reduce his holdings of the company's shares by 0.01%.

Vanguard Electronics Announcement: The company's director, board secretary, and deputy general manager Cheng Di'er plans to reduce the company's shares by 16,484 shares through the centralized bidding method of the securities exchange within 3 months after the disclosure of the announcement, starting from the date of the announcement, accounting for 0.01% of the company's total share capital. Cheng Di'er currently holds 65,937 shares of the company, accounting for 0.04% of the total share capital. The reason for the reduction is personal fund needs, and the source of the reduction shares are shares issued before the company's initial public offering. The reduction price will be determined based on the market price.