Emperor Technology: One of the controlling shareholders proposes to collectively reduce their holdings of the company's shares by no more than 1%.

Tike Corporation announced on the evening of August 29 that the concerted action parties, Diyin Technology, Sade Technology, and Shanghui Jia from Wuxi, who are one of the actual controllers of the company, plan to collectively reduce their holdings of the company's shares by no more than 1.4176 million shares, or 1% of the total share capital of the company, through block trading or centralized bidding within 3 months after 15 trading days.