Shuhua Sports: The implementation of the plan for the controlling shareholder and actual controller to reduce their shareholding has been completed.

Shu Hua Sports announcement stated that controlling shareholder Shu Hua Investment and actual controller Zhang Weijian and Zhang Jinping's plan to reduce their holdings has been completed. From December 19, 2025 to February 5, 2026, Shu Hua Investment reduced 8.1845 million shares through block trades, accounting for 2% of the total share capital, with a total reduction amount of 87.9835 million yuan; Zhang Weijian reduced 2.0461 million shares through open market transactions, accounting for 0.5%, with a total reduction amount of 23.7604 million yuan; Zhang Jinping reduced 2.0461 million shares through open market transactions, accounting for 0.5%, with a total reduction amount of 23.1306 million yuan.