Beijing: The combined shareholding ratio of the actual controller and its concerted parties decreased from 69.73% to 65.00%.

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Beijite Announcement. The company’s controlling shareholder, its actual controller, Ms. Qiu Hong Quan, and her acting-in-concert parties, Mr. Zhang Jianfei and Ms. Quan Siying, implemented a reduction plan, resulting in a change in their shareholding percentage. From May 12, 2025 to February 27, 2026, Ms. Qiu Hong Quan reduced her holdings of the company’s shares by 12.26 million shares through centralized bidding and block trades, accounting for 3.00% of the company’s total share capital; Mr. Zhang Jianfei reduced his holdings of the company’s shares by 7.0535 million shares through centralized bidding and block trades, accounting for 1.73% of the company’s total share capital. After the change in interests, the company’s controlling shareholder, its actual controller, and the acting-in-concert parties collectively held the company’s shares decreased from 285 million shares to 266 million shares, and the collective shareholding ratio decreased from 69.73% to 65.00%. The proportion of the change in interests reached an integer multiple of 5%.

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