Zhejiang Zhongcheng announced that Chen Jian, one of the shareholders who originally held more than 5% of the total shares, has been implemented to reduce his holdings. From November 6 to December 26, 2025, it reduced its holdings by a total of 27.165587 million shares through bulk transactions and centralized bidding transactions, accounting for 2.9991% of the total share capital. After the holdings were reduced, Chen Jian's shareholding fell to 205,247.42 million shares, accounting for 2.2660%. This reduction in holdings complies with relevant regulations and will not adversely affect the company's operation and governance structure.

Zhejiang Zhongcheng announced that Chen Jian, one of the shareholders who originally held more than 5% of the total shares, has been implemented to reduce his holdings. From November 6 to December 26, 2025, it reduced its holdings by a total of 27.165587 million shares through bulk transactions and centralized bidding transactions, accounting for 2.9991% of the total share capital. After the holdings were reduced, Chen Jian's shareholding fell to 205,247.42 million shares, accounting for 2.2660%. This reduction in holdings complies with relevant regulations and will not adversely affect the company's operation and governance structure.