According to the Red Star Development announcement, director and senior manager Wan Yang reduced his holdings of the company's shares by 14,400 shares through centralized bidding from November 10, 2025 to February 9, 2026, through centralized bidding, accounting for 0.0042% of the company's total share capital. The reduced price was 18.10 yuan/share, and the total amount of holdings was reduced by 266,600 yuan. The current holdings reduction plan has been implemented. After the holdings reduction, Wanyang held 43,400 shares, accounting for 0.0127% of the total share capital. This holdings reduction complies with relevant regulations and is consistent with the previously disclosed holdings reduction plan.

According to the Red Star Development announcement, director and senior manager Wan Yang reduced his holdings of the company's shares by 14,400 shares through centralized bidding from November 10, 2025 to February 9, 2026, through centralized bidding, accounting for 0.0042% of the company's total share capital. The reduced price was 18.10 yuan/share, and the total amount of holdings was reduced by 266,600 yuan. The current holdings reduction plan has been implemented. After the holdings reduction, Wanyang held 43,400 shares, accounting for 0.0127% of the total share capital. This holdings reduction complies with relevant regulations and is consistent with the previously disclosed holdings reduction plan.