According to the Alloy Investment announcement, the shareholder Gongqingcheng CMB No. 3 Investment Partnership has expired. The shareholder originally planned to reduce its holdings by no more than 11,553,100 shares through bulk transactions and centralized bidding from September 12 to December 11, 2025, accounting for no more than 3% of the total share capital. As of the date of disclosure of the announcement, it had reduced its holdings of 3,851,000 shares through centralized bidding, accounting for 1% of the total share capital, and its shareholding fell from 23,092,400 shares to 19,241,400 shares, and its share share fell from 5.9964% to 4.9964%. This reduction in holdings complies with the regulations and will not result in a change in the company's control.

According to the Alloy Investment announcement, the shareholder Gongqingcheng CMB No. 3 Investment Partnership has expired. The shareholder originally planned to reduce its holdings by no more than 11,553,100 shares through bulk transactions and centralized bidding from September 12 to December 11, 2025, accounting for no more than 3% of the total share capital. As of the date of disclosure of the announcement, it had reduced its holdings of 3,851,000 shares through centralized bidding, accounting for 1% of the total share capital, and its shareholding fell from 23,092,400 shares to 19,241,400 shares, and its share share fell from 5.9964% to 4.9964%. This reduction in holdings complies with the regulations and will not result in a change in the company's control.