Ying Paisi: A specific shareholder intends to reduce their holdings of no more than 152,975 shares of the company.

Yinpais announced that a specific shareholder, Qingdao Qingying, holds 611,900 shares of the company, accounting for 0.4176% of the total share capital excluding shares in the repurchase special securities account. They plan to reduce their holdings by no more than 152,975 shares, or 0.1044% of the total, through centralized bidding or block trading from July 8, 2026, to October 7, 2026. The reason for the reduction is the capital needs of the partners, and the shares originate from shares before the initial public offering. This reduction plan carries uncertainties and will not have a significant impact on the company's governance.