Happy Home: Changes in shareholder equity result in a decrease in shareholding below 5%

Joyful Home Announcement: Shareholder Suqian Maoxing Consulting Partnership Enterprise has completed the equity transfer by inquiry, reducing its shareholding from 5.60% to 4.26%. The number of shares transferred in this equity transfer is 5.859 million shares, accounting for 1.34% of the total share capital of the company, with a transaction amount of 89.8184 million yuan. This equity change will not result in a change in the company's controlling shareholder or actual controller, and will not have a significant impact on the company's governance structure and ongoing operations.