According to Xinhongye's announcement, Yang Yuwei, the shareholder holding more than 5% of the company's shares, reduced its holdings of the company's shares by 1.08,000 shares through bulk transactions from September 22 to September 23, 2026, accounting for 1.06% of the company's total share capital. After this change in equity, Yang Yuwei held 33.262 million shares of the company, accounting for a ratio of 18.48% to 17.42% of the total share capital. The equity change hit an integer multiple of 1%. The current holdings reduction is to fulfill the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been implemented, and this holdings reduction will not lead to a change in the company's control.

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