According to Yazhen Home Furnishing's announcement, Shanghai Yazhen Investment Co., Ltd., the shareholder holding 5% or more of the company's shares, reduced its holdings by 2.7614 million shares through bulk transactions from November 6 to November 9, 2026. The shareholding ratio fell from 8.46% to 7.41%, and the change in equity hit the 1% scale. This equity change is due to Yazhen Investment's implementation of the previously disclosed holdings reduction plan. It does not touch on the proposed acquisition, and will not result in a change in the company's control. Yazhen Investment is still in the holdings reduction plan. In the future, the company will continue to monitor the progress of the holdings reduction and fulfill its obligation to disclose information.

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