According to the Great Wall Securities announcement, Shenzhen New Jiangnan Investment Co., Ltd., a shareholder holding 5% or more of the company's shares, holds 449 million shares, accounting for 11.12% of the company's total share capital. Due to business development and capital requirements, it plans to reduce its holdings of the company's shares by no more than 605.16,400 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of the announcement, accounting for no more than 1.5% of the company's total share capital. There is uncertainty about the implementation of this holdings reduction plan and will not lead to a change in the company's control.

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