ST Nandu announced that Chairman and General Manager Zhu Baoyi had planned to reduce his holdings by no more than 14,049,273 shares within 3 months after 15 trading days from April 7, 2026. Recently, the implementation of its holdings reduction plan was completed. From May 21 to July 6, a total of 7,164,437 shares were reduced through centralized bidding and bulk transactions, accounting for 0.7975% of the total share capital. After the holdings were reduced, Zhu Baoyi's holdings fell to 49,032,656 shares, accounting for 5.4580%. Furthermore, during the holdings reduction period, its concerted actor Zhu Baode's 6,278,689 shares were forcibly liquidated. This reduction in holdings does not affect the company's control and continued operation.

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