Guangbo Group: Ren Hangzhong's stake in the company has decreased to 9.99999%.

Guangbo Corporation Announcement: Shareholder Ren Hangzhong has reduced his shareholding due to personal fund needs, decreasing his ownership from 10.29280% to 9.99999%. The reduction was carried out through block trading on June 30, 2025, with a total of 1.5644 million shares being sold, representing 0.29281% of the total share capital. After the equity change, Ren Hangzhong holds 53.4272 million shares in the company. This reduction does not trigger a mandatory offer to purchase, and will not lead to a change in the company's major shareholder or actual controller.