Lai Yifen: Changes in controlling shareholder's equity decreased by 1.65%

Announcement from Lai Yifen: The shareholding ratio of the company's controlling shareholder, Shanghai Aiwu Enterprise Management Co., Ltd., and its concerted actors has decreased from 62.79% to 61.14%. This equity change was conducted through centralized bidding and block trading, with 2.19 million shares reduced through centralized bidding and 3.34 million shares reduced through block trading. This equity change triggered the situation of a multiple of 1%, did not violate the disclosed reduction plan, and did not trigger the obligation for a mandatory tender offer. The reduction will not result in a change in the company's controlling shareholder or actual controller, nor will it have any impact on the company's governance structure and continuous operation. The company will continue to monitor the progress of the reduction plan and fulfill its disclosure obligations.