Weilong Co., Ltd. announced that Fan Qingwei, the controlling shareholder and actual controller of the company, has implemented a plan to reduce his holdings. Fan Qingwei originally planned to reduce his holdings by no more than 3.7632 million shares through bulk transactions from August 1 to October 29, 2026, accounting for 1.49421% of the company's total share capital. As of the announcement disclosure date, Fan Qingwei reduced his holdings by a total of 3.7632 million shares, accounting for 1.49421% of the company's total share capital. Of these, on August 11 and August 31, 2026, the total holdings were reduced by 2.787,200 shares, accounting for 1.1067% of the company's total share capital. After the change, Fan Qingwei and his co-actors held a total of 136 million shares, accounting for 53.89% of the company's total share capital. This change in equity does not affect the proposed acquisition and will not cause changes in the company's controlling shareholders or actual controllers.

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