Gugao Technology announced that Gugao Co., Ltd. and Chengdu Hechuang Runfeng Enterprise Management Consulting Partnership intend to reduce their total holdings by no more than 9.615,900 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of this announcement, accounting for 2.38% of the company's total share capital. Among them, Hong Kong Gugao plans to reduce its holdings by no more than 7.211,900 shares, accounting for 1.78%; Hechuang Runfeng plans to reduce its holdings by no more than 2.444 million shares, accounting for 0.59%. The reason for this reduction in holdings is due to its own capital requirements, which will not lead to a change in the company's control.

Gugao Technology announced that Gugao Co., Ltd. and Chengdu Hechuang Runfeng Enterprise Management Consulting Partnership intend to reduce their total holdings by no more than 9.615,900 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of this announcement, accounting for 2.38% of the company's total share capital. Among them, Hong Kong Gugao plans to reduce its holdings by no more than 7.211,900 shares, accounting for 1.78%; Hechuang Runfeng plans to reduce its holdings by no more than 2.444 million shares, accounting for 0.59%. The reason for this reduction in holdings is due to its own capital requirements, which will not lead to a change in the company's control.