Ming Xin Xuteng announced that Zhuang Jun, the controlling shareholder and actual controller of the company, and his co-actor, Jiaxing Xuteng Investment Management Partnership, plan to reduce their holdings by no more than 2,433 million shares through bulk transactions or centralized bidding from December 27, 2025 to March 26, 2026, accounting for 1.50% of the company's total share capital. Zhuang Yan currently holds 28 million shares, accounting for 17.26%; Jiaxing Xuteng Investment Management Partnership holds 5 million shares, accounting for 3.08%. The current holdings reduction was determined independently due to capital requirements and will not affect the company's governance structure and continuous operation.

Ming Xin Xuteng announced that Zhuang Jun, the controlling shareholder and actual controller of the company, and his co-actor, Jiaxing Xuteng Investment Management Partnership, plan to reduce their holdings by no more than 2,433 million shares through bulk transactions or centralized bidding from December 27, 2025 to March 26, 2026, accounting for 1.50% of the company's total share capital. Zhuang Yan currently holds 28 million shares, accounting for 17.26%; Jiaxing Xuteng Investment Management Partnership holds 5 million shares, accounting for 3.08%. The current holdings reduction was determined independently due to capital requirements and will not affect the company's governance structure and continuous operation.