Taste Knows Fragrance: Shareholder Jin plans to reduce his stake in the company by no more than 0.43%.

On July 31st, Weizhixiang announced that the shareholder Suhom City Jin Hua Sheng Management Consulting Enterprise, with a stake of over 5% in the company, plans to reduce its holding of the company's shares by no more than 600,000 shares (0.43% of the total share capital) through centralized bidding within 3 months of the disclosure date, 15 trading days later, due to its own funding needs. The reduction price will be determined based on the market price at the time of implementation. The implementation of this reduction plan is uncertain.