Fei Rongda: the implementation of the specific shareholders and directors' reduction plan is completed.

Fei Rongda announced that certain shareholders Feichi Investment and director, vice general manager Ma Jun had planned to reduce their holdings of the company's shares. Feichi Investment planned to reduce 50,064 shares, accounting for 0.0086% of the total share capital; Ma Jun planned to reduce no more than 2,000,000 shares, accounting for 0.3437% of the total share capital. Feichi Investment completed the reduction on May 6-7, 2026. Ma Jun, during the period from May to June 2026, accumulated a reduction of 2,000,000 shares through centralized bidding, accounting for 0.3437% of the total share capital. As of the date of the announcement disclosure, the reduction plan has been fully implemented and will not have any impact on the company's governance.