Saiwei Times announced that Xinrui Jitai, a shareholder holding 5% or more of the shares, plans to reduce its holdings by no more than 16 million shares through centralized bidding and/or bulk transactions within three months after 15 trading days from the date of disclosure of the announcement, accounting for no more than 4% of the company's total share capital. The reason for the reduction in holdings is due to one's own capital requirements, and the price of the reduction will be determined according to the secondary market price and transaction method at the time of the holdings reduction.

Saiwei Times announced that Xinrui Jitai, a shareholder holding 5% or more of the shares, plans to reduce its holdings by no more than 16 million shares through centralized bidding and/or bulk transactions within three months after 15 trading days from the date of disclosure of the announcement, accounting for no more than 4% of the company's total share capital. The reason for the reduction in holdings is due to one's own capital requirements, and the price of the reduction will be determined according to the secondary market price and transaction method at the time of the holdings reduction.