Baive Storage: Intends to sell up to 3.7447 million shares of Lianyun Technology

Baiwei Storage Announcement: The company plans to sell part or all of its holdings of Lianyun Technology A shares through centralized auction trading, totaling not more than 3.7447 million shares, representing not more than 1% of its total share capital. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring. The board of directors has authorized management and authorized persons to sell Lianyun Technology shares through centralized auction trading at an opportune time according to market conditions. The sales period will be within twelve months from the date of approval by the board of directors.