Old Shop Gold: The company's stock incentive platform reduced its holdings in the company's shares, but the controlling shareholder did not reduce their holdings.

On the morning of August 28th, Lao Pu Gold announced on the Hong Kong Stock Exchange that the board of directors had learned that the company's share incentive platform, Beijing Jinbu Enterprise Management Consulting Partnership, Beijing Jinji Enterprise Management Consulting Partnership, Beijing Jindi Enterprise Management Consulting Partnership, Beijing Jinyong Enterprise Management Consulting Partnership, and Beijing Jinli Enterprise Management Consulting Partnership, had reduced its holdings of the company's shares through bulk trading. The company's controlling shareholders Xu Gaoming, Xu Dongbo, and Beijing Hongqiao Jinji Consulting Co., Ltd. did not participate in the reduction of holdings, nor were they related to the reduction this time.