New Laiying Materials: Li Shanjun and other directors plan to reduce their shareholding by no more than 243,400 shares.

New Lai Yingcai Announcement: Directors Li Shanjun, Weng Pengbin, Li Hongqing, Chief Financial Officer Huang Shihua, and Deputy General Manager Zhang Yu plan to collectively reduce their holdings by no more than 243,400 shares, or 0.0600% of the total share capital of the company, through centralized bidding within three months after the disclosure of this announcement, starting from fifteen trading days later. The specific reduction quantities and proportions are as follows: Li Shanjun not more than 243,400 shares, Huang Shihua not more than 39,200 shares, Zhang Yu not more than 14,523 shares, Li Hongqing not more than 11,250 shares, Weng Pengbin not more than 11,148 shares.