This is to announce that Mr. Lu Baoshan, the chairman, Ms. Meng Zhenzhen, the vice chairman, Ms. Liang Huijuan, and Mr. Li Xiaodong, senior management, will reduce their stock holdings in the company. The company and the board ensure that all information disclosed is true, accurate, complete, and free from false records or misleading statements.
Special Notice:
Guangdong Xiaomai Technology Co., Ltd. (hereinafter referred to as the "Company") announces that Mr. Lu Baoshan, the chairman, Ms. Meng Zhenzhen, the vice chairman, Ms. Liang Huijuan, and Mr. Li Xiaodong will reduce their stock holdings as follows:
| Name | Position | Number of Shares Held | Percentage of Total Shares |
|---|---|---|---|
| Lu Baoshan | Chairman | 1,780,000 | 0.54% |
| Meng Zhenzhen | Vice Chairman | 1,383,975 | 0.42% |
| Liang Huijuan | Vice Chairman | 641,050 | 0.19% |
| Li Xiaodong | Financial Supervisor | 499,400 | 0.15% |
| Total | 4,304,425 | 1.30% |
- Reduction Subject: Mr. Lu Baoshan, Ms. Meng Zhenzhen, Ms. Liang Huijuan, and Mr. Li Xiaodong
- Reason for Reduction: Personal financial needs
- Source of Shares: The shares held by Mr. Lu Baoshan, Ms. Meng Zhenzhen, Ms. Liang Huijuan, and Mr. Li Xiaodong are from the company's stock incentive plan.
- Reduction Method: Centralized bidding method
- Reduction Period: The reduction plan will be disclosed from May 27, 2026, to August 26, 2026, within three months from the date of announcement.
- Reduction Price: Based on the secondary market price at the time of reduction.