Hongdou Co., Ltd. announced that Hongdou Group Co., Ltd., the controlling shareholder of the company, and its co-actors reduced their shareholding ratio from 64.30% to 57.85% due to judicial auctions, passive holdings reduction, and adjustments in the scope of concerted actors, etc., and the change in equity exceeded an integer of 5%. Among them, 81.5 million shares of the company held by Hongdou Group were judicially auctioned, with a transaction price of 230 million yuan. The transfer registration was completed on August 7, 2026.

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