According to the announcement of Wanli Co., Ltd., Zheng Hairuo, the information disclosure agent, reduced his holdings of the company's shares by a total of 6.255,600 shares through centralized bidding transactions from August 25, 2026 to October 8, 2026, through accounts controlled by Shida Qixiang, Yingdong Antong, and Manruijiade, accounting for 4.08% of the company's total share capital. Before this change in equity, Zheng Hairuo's total shareholding ratio was 24.08%; after the change, he held a total of 306.5775 million shares, and the shareholding ratio dropped to 20.00%. Zheng Hai has no plans to increase his holdings within the next 12 months and has plans to continue to reduce his holdings in the company.

According to the announcement of Wanli Co., Ltd., Zheng Hairuo, the information disclosure agent, reduced his holdings of the company's shares by a total of 6.255,600 shares through centralized bidding transactions from August 25, 2026 to October 8, 2026, through accounts controlled by Shida Qixiang, Yingdong Antong, and Manruijiade, accounting for 4.08% of the company's total share capital. Before this change in equity, Zheng Hairuo's total shareholding ratio was 24.08%; after the change, he held a total of 306.5775 million shares, and the shareholding ratio dropped to 20.00%. Zheng Hai has no plans to increase his holdings within the next 12 months and has plans to continue to reduce his holdings in the company.