Shangming Intelligence: Shareholders plan to reduce their shareholding by no more than 3%.

Xiangming Intelligent Announcement, the controlling shareholder Xiangxing Information and concerted action person Xianghua Consulting plan to reduce the company's shares by no more than 3% within 15 trading days after the announcement disclosure through centralized bidding and block trading, reducing a total of 3.264 million shares of the company. Among them, the centralized bidding trading will not reduce more than 1% of the shares, and the block trading will not reduce more than 2% of the shares. The reason for the reduction is the shareholder's own capital needs, and the shares to be reduced are from the shares held before the initial public offering and the shares obtained through the capital reserve fund capitalization after listing. The reduction plan will be implemented from August 13, 2025 to November 12, 2025.