Guangdong Tapai: Shareholder Xu Yongshou intends to reduce 1% of the company's shares.

Announcement of Guangdong Tapai Group Co., Ltd. on September 27, 2025: Shareholder Xu Yongshou, holding 8.02% of the shares, plans to reduce his holdings by 11,680,328 shares within 3 months after 15 trading days from the day of the announcement, through centralized auction or block trading, accounting for 1% of the total share capital after excluding the shares in the repurchase account. The shares to be reduced come from shares issued before the company's initial public offering, and the price will be determined by the market. Xu Yongshou has no outstanding lock-up commitments and there are no regulations prohibiting the reduction of holdings. This reduction has uncertainties and will not result in a change in the company's control. After the reduction is completed, he will still be a shareholder with over 5% of the shares.