Nebula Co., Ltd. announced that Mr. Tang Ping, a shareholder holding more than 5% of the shares, reduced his holdings of the company's shares by 2,210,000 shares through centralized bidding transactions and bulk transactions from November 26, 2025 to December 16, 2025, accounting for 1.27% of the company's total share capital. After reducing his holdings, Mr. Tang Ping's shareholding ratio fell from 6.27% to 5.00%. Mr. Tang Ping decided to terminate the current share reduction plan early. Shares that have not completed the reduction will not be reduced during the remaining period of the reduction plan.

Nebula Co., Ltd. announced that Mr. Tang Ping, a shareholder holding more than 5% of the shares, reduced his holdings of the company's shares by 2,210,000 shares through centralized bidding transactions and bulk transactions from November 26, 2025 to December 16, 2025, accounting for 1.27% of the company's total share capital. After reducing his holdings, Mr. Tang Ping's shareholding ratio fell from 6.27% to 5.00%. Mr. Tang Ping decided to terminate the current share reduction plan early. Shares that have not completed the reduction will not be reduced during the remaining period of the reduction plan.