According to Rongxin Culture's announcement, the controlling shareholder and actual controller, Xu Changle Fun, and Yan Hongbing, the actual controller, held a total of 30.5 million shares of the company, accounting for 36.1374% of the total share capital. They plan to reduce their total holdings by no more than 2.4897 million shares through centralized bidding and bulk transactions within 3 months after the disclosure of the announcement, accounting for 2.9499% of the total share capital. Senior manager Wang Wei holds 1,000 shares of the company, accounting for 0.0012% of the total share capital. The plan is to reduce all 1,000 shares through centralized bidding during the same period. This reduction in holdings will not result in a change in the company's control.

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