Xinhuadu announced that from November 25, 2024 to November 26, 2024, Hangzhou Hanyun reduced its holdings of the company's shares by a total of 3.6691 million shares through centralized bidding, accounting for 0.52% of the company's share capital after excluding the number of shares in the special repurchase account; Ali Chengdu did not reduce its holdings. In view of the company's completion of the non-public offering of new shares, the shareholders' shareholding ratio was passively diluted, and Hangzhou Hanyun and Ali Chengdu reduced their share ratio by more than 1%.

Xinhuadu announced that from November 25, 2024 to November 26, 2024, Hangzhou Hanyun reduced its holdings of the company's shares by a total of 3.6691 million shares through centralized bidding, accounting for 0.52% of the company's share capital after excluding the number of shares in the special repurchase account; Ali Chengdu did not reduce its holdings. In view of the company's completion of the non-public offering of new shares, the shareholders' shareholding ratio was passively diluted, and Hangzhou Hanyun and Ali Chengdu reduced their share ratio by more than 1%.