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Laplace: The total shareholding ratio of the four partnerships of Sanya Zhaoheng Private Equity Fund has fallen below 5%.

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Laplace Announcement: Information Disclosing Obligor 1, Rudong Hengjun; Information Disclosing Obligor 2, Sanya Hengjia; Information Disclosing Obligor 3, Rudong Ruida; and Information Disclosing Obligor 4, Rudong Jiada, based on their own capital needs, collectively reduced their shareholding in the company by 3.9518 million shares through centralized bidding trading, accounting for 0.97497% of the company's total share capital. After this change in equity, the information disclosing obligors collectively hold 20.2662 million shares of the company, representing 4.99998% of the total share capital. The information disclosing obligors' shareholding ratio has fallen below 5%, and the information disclosing obligors will no longer fulfill the information disclosure obligations for changes in equity as required by regulations.
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