Winning is victory: Shanghai Tongyi plans to reduce its holdings by no more than 2% in three months.

Winning Times Announcement: Shanghai Tongyi Investment Management Co., Ltd., the concerted action person holding more than 5% of the shares of the company, holds 24.3472 million shares of the company, accounting for 3.24%. It plans to reduce its holdings by a total of no more than 15.0201 million shares through centralized bidding or block trading within three months after the disclosure of the announcement, not exceeding 2.00% of the total share capital of the company. The reduction period is from September 11, 2025 to December 10, 2025, and the price will be determined by the market.