According to the INVIC announcement, the shareholder Shanghai Bingyuanxu Equity Investment and Development Center plans to reduce its holdings by no more than 549,4883 shares through centralized bidding or bulk transactions within three months after 3 trading days from the date of disclosure of the announcement, accounting for about 0.56% of the company's total share capital. The reason for the reduction in holdings was due to the shareholders' own operating capital requirements, and the source of shares was shares already issued by the company before its IPO. The current holdings reduction plan is uncertain and will not result in a change in the company's control.

According to the INVIC announcement, the shareholder Shanghai Bingyuanxu Equity Investment and Development Center plans to reduce its holdings by no more than 549,4883 shares through centralized bidding or bulk transactions within three months after 3 trading days from the date of disclosure of the announcement, accounting for about 0.56% of the company's total share capital. The reason for the reduction in holdings was due to the shareholders' own operating capital requirements, and the source of shares was shares already issued by the company before its IPO. The current holdings reduction plan is uncertain and will not result in a change in the company's control.