Huichen Co., Ltd. announced that as of the disclosure date of this announcement, Zhuopu Management held 5.668,600 shares of the company, accounting for 7.63% of the company's current total share capital. Due to shareholders' own capital requirements, Zhuopu's management plan is to reduce the total holdings of the company's shares by no more than 1,416,700 shares through bidding transactions and bulk transactions, to no more than 1.9074% of the company's total share capital. This will be carried out within three months after 15 trading days from the date of disclosure of this announcement. The holdings reduction price is determined according to the market price.

Huichen Co., Ltd. announced that as of the disclosure date of this announcement, Zhuopu Management held 5.668,600 shares of the company, accounting for 7.63% of the company's current total share capital. Due to shareholders' own capital requirements, Zhuopu's management plan is to reduce the total holdings of the company's shares by no more than 1,416,700 shares through bidding transactions and bulk transactions, to no more than 1.9074% of the company's total share capital. This will be carried out within three months after 15 trading days from the date of disclosure of this announcement. The holdings reduction price is determined according to the market price.