Li Min Corporation: Controlling shareholder Li Ming intends to reduce his stake in the company by no more than 3%.

Limen Corporation announced that the company's controlling shareholder and actual controller, Li Ming, plans to reduce its holdings by no more than 13,104,920 shares within 90 natural days after the announcement date, through block trading and centralized bidding, accounting for 3% of the total share capital after deducting the repurchased shares. The reason for the reduction is the need to repay loans, and the shares come from the shares before the company's initial public offering.