GM announced that Hongdou Group, a shareholder holding more than 5% of the company's shares, and its co-actors, Tianren International Investment have completed the implementation of the plan to reduce their holdings. The holdings reduction period was from July 3, 2026 to October 2, 2026. Hongdou Group reduced its holdings by 200,000 shares through centralized bidding, accounting for 0.0126% of the total share capital at the time; the reduced price range was 4.01-4.03 yuan/share, with a total holdings reduction of 804,600 yuan; Tianren International Investment reduced its holdings by 900,000 shares through centralized bidding, accounting for 0.0569% of the current total share capital. The price reduction was 3.5816 million yuan per share. The current holdings reduction complies with relevant regulations and the previously disclosed holdings reduction plan.

GM announced that Hongdou Group, a shareholder holding more than 5% of the company's shares, and its co-actors, Tianren International Investment have completed the implementation of the plan to reduce their holdings. The holdings reduction period was from July 3, 2026 to October 2, 2026. Hongdou Group reduced its holdings by 200,000 shares through centralized bidding, accounting for 0.0126% of the total share capital at the time; the reduced price range was 4.01-4.03 yuan/share, with a total holdings reduction of 804,600 yuan; Tianren International Investment reduced its holdings by 900,000 shares through centralized bidding, accounting for 0.0569% of the current total share capital. The price reduction was 3.5816 million yuan per share. The current holdings reduction complies with relevant regulations and the previously disclosed holdings reduction plan.