According to Cuihua Jewelry's announcement, due to personal capital requirements, Ms. Long Feng, a shareholder holding 5.20% of the shares, plans to reduce her holdings by no more than 7,684,680 shares through centralized bidding and bulk transactions within 3 months after 15 trading days from the date of the announcement, accounting for 3.00% of the company's total share capital. Among them, the concentrated bid did not exceed 2,561,560 shares, and the bulk transaction did not exceed 5,123,120 shares. If there is a change in shares, the amount of holdings reduced will be adjusted accordingly. This reduction in holdings will not result in a change in the company's control.

According to Cuihua Jewelry's announcement, due to personal capital requirements, Ms. Long Feng, a shareholder holding 5.20% of the shares, plans to reduce her holdings by no more than 7,684,680 shares through centralized bidding and bulk transactions within 3 months after 15 trading days from the date of the announcement, accounting for 3.00% of the company's total share capital. Among them, the concentrated bid did not exceed 2,561,560 shares, and the bulk transaction did not exceed 5,123,120 shares. If there is a change in shares, the amount of holdings reduced will be adjusted accordingly. This reduction in holdings will not result in a change in the company's control.