Open up international: Shareholders holding more than 5% and their concerted actors have reduced their holdings by 0.772%.

Kaichuang International announced that from November 28 to December 2, 2025, the shareholder Small Spaces Technology and its concerted action person, who hold more than 5% of the shares, reduced their holdings of the company's shares by 1.86 million shares through centralized bidding trading, accounting for 0.7720% of the total share capital, with a reduction price range of 11.98 - 12.35 yuan/share. After the reduction, their total shareholding ratio decreased from 6.0724% to 5.3004%. This reduction will not lead to changes in the company's controlling shareholder or actual controller, and will not have a significant impact on the company's governance and operations, and is in compliance with relevant regulations.