Peacebird: Chen Hongchao plans to reduce his holdings by no more than 3%

Peacebird announcement: Due to personal capital needs, company shareholder Chen Hongchao plans to reduce his/her holdings of a total of no more than 14.1322 million shares of the company’s stock through block trading and bulk trading methods during the period from April 7, 2026 to July 6, 2026. This will represent no more than 3% of the company’s total share capital. Of this, the number of shares to be reduced via centralized bidding shall be no more than 4.7107 million shares, and the number of shares to be reduced via block trading shall be no more than 9.4215 million shares. If, during the reduction period, the company has share changes such as the issuance of bonus shares, capitalization of capital reserve funds to increase share capital, or rights offerings, the number of shares to be reduced will be adjusted accordingly.

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