Hangzhou Garden announced that Ge Rong, one of the actual controllers, director and deputy general manager of the company, and shareholders Hangzhou Yuanzhan Enterprise Management Co., Ltd. and Hangzhou Hongyuan Enterprise Management Co., Ltd. have been implemented. From November 26 to December 16, 2025, Ge Rong reduced his holdings of the company's shares by a total of 1,324,200 shares through centralized bidding transactions, accounting for 1% of the company's total share capital. From November 26 to December 15, 2025, the Hangzhou Garden Show reduced its holdings of the company's shares by a total of 1,324,200 shares through centralized bidding transactions, accounting for 1% of the company's total share capital. From November 26 to December 17, 2025, Hangzhou Hongyuan reduced its holdings of the company's shares by a total of 1.3241 million shares through centralized bidding transactions, accounting for 1% of the company's total share capital. After this change in equity, the total share holding ratio of the company's actual controllers and their co-actors was reduced from 26.47% to 25.47%.

Hangzhou Garden announced that Ge Rong, one of the actual controllers, director and deputy general manager of the company, and shareholders Hangzhou Yuanzhan Enterprise Management Co., Ltd. and Hangzhou Hongyuan Enterprise Management Co., Ltd. have been implemented. From November 26 to December 16, 2025, Ge Rong reduced his holdings of the company's shares by a total of 1,324,200 shares through centralized bidding transactions, accounting for 1% of the company's total share capital. From November 26 to December 15, 2025, the Hangzhou Garden Show reduced its holdings of the company's shares by a total of 1,324,200 shares through centralized bidding transactions, accounting for 1% of the company's total share capital. From November 26 to December 17, 2025, Hangzhou Hongyuan reduced its holdings of the company's shares by a total of 1.3241 million shares through centralized bidding transactions, accounting for 1% of the company's total share capital. After this change in equity, the total share holding ratio of the company's actual controllers and their co-actors was reduced from 26.47% to 25.47%.