Zhiyuan Xinneng announced that from June 16 to July 23, 2026, the total shareholding ratio of Huifeng Group, Wang Ran, and Zhongzhihuiyuan, the controlling shareholders and co-actors fell from 70.8463% to 70.0000%, touching the integer multiples of 1% and 5%. This change in equity was due to a passive increase in shareholding ratio and Wang Ran's holdings reduction due to equity distribution of shares. Wang Ran reduced his holdings by 1,578.52 million shares during the period, accounting for 0.8463% of the total share capital. This holdings reduction is in line with the previous plan. It has not been implemented. It will not change the controlling shareholders and actual controllers, and will not affect corporate governance and operation.

Zhiyuan Xinneng announced that from June 16 to July 23, 2026, the total shareholding ratio of Huifeng Group, Wang Ran, and Zhongzhihuiyuan, the controlling shareholders and co-actors fell from 70.8463% to 70.0000%, touching the integer multiples of 1% and 5%. This change in equity was due to a passive increase in shareholding ratio and Wang Ran's holdings reduction due to equity distribution of shares. Wang Ran reduced his holdings by 1,578.52 million shares during the period, accounting for 0.8463% of the total share capital. This holdings reduction is in line with the previous plan. It has not been implemented. It will not change the controlling shareholders and actual controllers, and will not affect corporate governance and operation.