Sanyangma: Chairman Ren Min and former supervisor Qiu Honggang plan to each reduce their holdings by 0.02% and 0.29%, respectively.

Sanyangma Announcement: Chairman Ren Min holds 84,375 shares, accounting for 0.10% of the company’s total share capital. He plans to reduce his holdings by no more than 21,093 shares between March 10, 2026, and June 9, 2026, through centralized bidding, block trades, and other methods, representing no more than 0.02% of the company’s total share capital and no more than 25.00% of his own holdings. Former supervisor Qiu Honggang holds 250,000 shares, accounting for 0.29%, and during the same period, he plans to reduce no more than 250,000 shares, representing no more than 0.29% of the company’s total share capital. All the above reductions are based on the premise that the shares have been unlocked prior to the company’s initial public offering.

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