"New Year on the Five Continents: Three senior executives plan to reduce their shareholding by 0.0061%, 0.0067%, and 0.0037%, respectively."

Five continents Spring Festival announcement, the company's senior management Qin Yi, Xu Rongbin, and Wu Hongying have planned to reduce their holdings of company shares through centralized bidding within 3 months after the announcement date, starting from 15 trading days later, due to personal fund arrangements. Qin Yi plans to reduce no more than 22,500 shares, accounting for 0.0061% of the total share capital of the company; Xu Rongbin plans to reduce no more than 24,500 shares, accounting for 0.0067% of the total share capital of the company; Wu Hongying plans to reduce no more than 13,500 shares, accounting for 0.0037% of the total share capital of the company. The reduction price will be determined based on the market price.