During the period of unusual movement in the stock price of Saite Financial (603283.SH), Sun Feng was found to have reduced his holdings of the company's stock through block trades on July 31st.

The Intelligent Wealth APP News, STS (603283.SH) issued a stock price abnormal movement announcement stating that the company's stock price had a cumulative deviation of 20% on July 31, August 1, and August 4, 2025, over three consecutive trading days, which is considered a stock trading abnormal fluctuation. On May 9, 2025, the company disclosed the "Announcement of the Shareholder's Reduction Plan of Suzhou STS Precision Electronics Co., Ltd.". As of the date of the announcement, the aforementioned reduction plan had not been fully implemented. Upon verification, during the period of the current stock trading abnormal fluctuation, Sun Feng was found to have reduced the company's stock through block trading on July 31, 2025. This reduction behavior is consistent with the previously disclosed reduction plan, and there was no violation of reduction regulations. Apart from the above situations, there were no buying or selling of the company's stock by other directors, supervisors, senior management, or Ms. Zeng Hui during the period of this abnormal stock trading fluctuation.