NEW GONOW RV (00805) major shareholder reduces its holdings by 155 million shares, reducing its ownership stake to approximately 54.31%.

NEW GONOW RV (00805) announced that the board of directors received notification from the controlling shareholder Snowy.M Holdings Limited that on May 4, 2026, they (as transferor) have transferred 155 million shares of the company (approximately 16.15% of the total issued shares as of the date of this announcement) to Ms. Jian Zishan (as transferee) through off-market transfer. The transfer was completed on May 4, 2026. Ms. Jian Zishan did not hold any shares prior to the completion of the transfer. Apart from becoming a shareholder of the company after the transfer, Ms. Jian Zishan is an independent third party and has no relationship with the company. After the completion of the transfer, the controlling shareholder collectively holds equity in approximately 521 million shares, accounting for approximately 54.31% of the total issued shares, and will continue to be the controlling shareholder of the company. The controlling shareholder has high confidence in the group's business operations.