Bao Lijia announced that Yang Meiqin, the shareholder holding more than 5% of the company's shares, has been implemented and completed. Yang Meiqin originally held 148.505 million shares of the company, accounting for 10.68% of the company's total share capital. The original plan was to reduce her holdings by no more than 3.712,600 shares, or no more than 2.67% of the company's total share capital. From July 7, 2026 to August 26, 2026, Yang Meiqin reduced her holdings of the company's shares by a total of 3.712,600 shares through centralized bidding and bulk transactions, accounting for 2.67% of the company's total share capital. After this reduction in holdings, Yang Meiqin held 11.1379 million shares of the company, accounting for 8.01% of the company's total share capital. This change in equity will not result in a change in the company's control.

Bao Lijia announced that Yang Meiqin, the shareholder holding more than 5% of the company's shares, has been implemented and completed. Yang Meiqin originally held 148.505 million shares of the company, accounting for 10.68% of the company's total share capital. The original plan was to reduce her holdings by no more than 3.712,600 shares, or no more than 2.67% of the company's total share capital. From July 7, 2026 to August 26, 2026, Yang Meiqin reduced her holdings of the company's shares by a total of 3.712,600 shares through centralized bidding and bulk transactions, accounting for 2.67% of the company's total share capital. After this reduction in holdings, Yang Meiqin held 11.1379 million shares of the company, accounting for 8.01% of the company's total share capital. This change in equity will not result in a change in the company's control.