Yuanxin Industry: Yuanqi Investment plans to reduce its holdings of the company's shares by 1.53%.

Farxin Industry Announcement: One of the ultimate controllers of the company, the concerted action person Xinchang County Yuanqi Investment Management Partnership, plans to reduce their holdings by no more than 1.26 million shares, accounting for 1.53% of the total share capital of the company, through centralized bidding or block trading within three months after 15 trading days from the date of announcement. Yuanqi Investment currently holds 5.0046 million shares of the company, accounting for 6.07% of the total share capital. The reduction is mainly due to the shareholder's own funding needs, and the selling price will be determined based on the secondary market price at the time of reduction and the trading method.