Hangzhou Landscaping: Shareholders plan to reduce their holdings by up to 2.73% of the company's shares.

Hangzhou Garden announced that Hangzhou Hongyuan Enterprise Management Co., Ltd., a shareholder holding 2.79% of the company's shares, plans to reduce its holdings through centralized competitive bidding within three months, with a maximum reduction of 972,051 shares, and through block trades with a maximum reduction of 2,648,332 shares, for a total reduction of no more than 3,620,383 shares. The reason for the reduction is the shareholder's own funding needs, and the shares were acquired before the initial public offering and through capitalization. The reduction will begin 15 trading days after the announcement, and the price will not be lower than the initial offering price. This reduction will not affect the company's governance, equity structure, and control rights.