Shengmei Shanghai announced that the current holdings reduction plan for 7 directors and supervisors, including HUI Wang, the company's actual controller and chairman, and Wang Jian, and his co-operator, has expired, and the current holdings reduction has already been implemented. As of September 24, 2026, HUI WANG reduced its holdings by 240,000 shares, accounting for 0.0495% of the total share capital; Wang Jian reduced her holdings by 1691,000 shares, accounting for 0.0348% of the total share capital; Chen Fuping reduced her holdings by 135,400 shares, accounting for 0.0279% of the total share capital; LISA YI LU FENG reduced her holdings by 76,600 shares, accounting for 0.0164% of the total share capital; Wang Jun reduced her holdings by 353,000 shares, accounting for 0.0073% of the total share capital; Yang Xia reduced her holdings by 20,000 shares, accounting for 0.0073% of the total share capital Total Equity 0.0041%. The current holdings reduction was carried out through centralized bidding. The actual holdings reduction situation is consistent with the previously disclosed holdings reduction plan.

Shengmei Shanghai announced that the current holdings reduction plan for 7 directors and supervisors, including HUI Wang, the company's actual controller and chairman, and Wang Jian, and his co-operator, has expired, and the current holdings reduction has already been implemented. As of September 24, 2026, HUI WANG reduced its holdings by 240,000 shares, accounting for 0.0495% of the total share capital; Wang Jian reduced her holdings by 1691,000 shares, accounting for 0.0348% of the total share capital; Chen Fuping reduced her holdings by 135,400 shares, accounting for 0.0279% of the total share capital; LISA YI LU FENG reduced her holdings by 76,600 shares, accounting for 0.0164% of the total share capital; Wang Jun reduced her holdings by 353,000 shares, accounting for 0.0073% of the total share capital; Yang Xia reduced her holdings by 20,000 shares, accounting for 0.0073% of the total share capital Total Equity 0.0041%. The current holdings reduction was carried out through centralized bidding. The actual holdings reduction situation is consistent with the previously disclosed holdings reduction plan.