Red Star Development: Director Gao Yuefei reduces holdings by 18,700 shares.

Announcement of Red Star Development: Director Gao Yuefei reduced his holdings of the company's shares by 18,700 shares through centralized bidding from April 17 to July 16, 2025, accounting for 0.0055% of the total share capital of the company. The selling price ranged from 15.05 to 15.12 yuan per share, with a total reduction amount of 282,000 yuan. After the reduction, Gao Yuefei holds 56,100 shares, accounting for 0.0164% of the total share capital of the company. Deputy General Manager Geng Zhen did not reduce his holdings of the company's shares during the reduction plan period, and currently holds 44,200 shares, accounting for 0.0130% of the total share capital of the company.