McAudi announced that the term of the company's shareholder Jiaxing Jiajing Enterprise Management Partnership's holdings reduction plan has expired. The shareholder originally planned to reduce the company's shares by no more than 5.1741 million shares through centralized bidding, accounting for 1% of the total share capital. From July 16 to October 15, 2026, it reduced its holdings by a total of 445,000 shares through centralized bidding transactions, accounting for 0.09% of the total share capital, and reduced its holdings at an average price of 13.32 yuan/share. After the holdings were reduced, the shareholder held 23.263,200 shares of the company, accounting for 4.50% of the total share capital. This reduction in holdings complies with relevant regulations, is consistent with the previously disclosed holdings reduction plan, and will not result in a change in the company's control.

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