Shap Ace announced that shareholder Chen Dekang reduced his share holdings due to personal capital requirements. From June 5 to December 3, 2025, its shareholding fell from 44.881.04 million shares to 406.604 million shares, and the ratio fell from 11.94% to 10.87%, and its holdings were reduced through centralized bidding. This change is due to the implementation of the previous holdings reduction plan, does not touch on the proposed acquisition. It is consistent with the disclosed plans and promises. The holdings reduction plan has not yet been implemented, and will not affect the company's governance structure, continued operation, and actual controller changes.

Shap Ace announced that shareholder Chen Dekang reduced his share holdings due to personal capital requirements. From June 5 to December 3, 2025, its shareholding fell from 44.881.04 million shares to 406.604 million shares, and the ratio fell from 11.94% to 10.87%, and its holdings were reduced through centralized bidding. This change is due to the implementation of the previous holdings reduction plan, does not touch on the proposed acquisition. It is consistent with the disclosed plans and promises. The holdings reduction plan has not yet been implemented, and will not affect the company's governance structure, continued operation, and actual controller changes.