Shibi Bai: Shareholder Guangdong Kechuang Investment Plans to Reduce Holdings by 1%

Shibi Bai Announcement: Guangdong Science and Technology Venture Capital Co., Ltd. holds 7,476,700 shares, accounting for 6.7376%. It plans to reduce no more than 1,109,700 shares (1.00% of total shares) through centralized bidding within three months after the disclosure date, starting from fifteen trading days after the announcement. The shares to be reduced were acquired before listing on the Beijing Stock Exchange, and the reason for reduction is for business development needs. The proportion of shares reduced by a single entity through centralized bidding within three months does not exceed 1%, and this reduction will not lead to a change in the company’s control.