Ya Baoxuan: Shareholder Sun Changlai has reduced his holdings by 0.7493%.

Notice from Ya Baoxuan, the reduction plan of shareholder Sun Changlai holding more than 5% of the shares has been completed. From October 15, 2025 to December 25, 2025, Sun Changlai reduced his holdings by 600,000 shares through centralized bidding, accounting for 0.7493% of the total share capital. The reduction price range is between 25.27-31.49 yuan/share, with a total reduction amount of 16.9932 million yuan. After the reduction, Sun Changlai holds 7.7623 million shares, with a shareholding ratio of 9.6932%.