Taiping Bird: Chen Hongchao to reduce no more than 3.00% within 3 months.

Tai Ping Bird Announcement: Shareholder Chen Hongchao plans to reduce his holdings by a total of 14.1322 million shares, accounting for 3.00% of the company's total share capital, through centralized bidding and block trading from August 19, 2025 to November 18, 2025, due to personal financial needs. Of this, centralized bidding will not exceed 4.7107 million shares, and block trading will not exceed 9.4215 million shares. Currently, Chen Hongchao holds 22.3986 million shares, accounting for 4.75%.