HMD's controlling shareholder group plans to reduce their holdings by no more than 3%

According to the announcement from HMD (002947.SZ), the company's controlling shareholder and actual controllers, Mr. Jing Shiping, Ms. Jing Jingping, Ms. Xia Chen, and Mr. Jing Jiang, plan to reduce their holdings of the company's shares by no more than 7,484,677 shares (accounting for 3% of the total share capital after excluding shares in the company's repurchase special account) within three months after 15 trading days from the date of this reduction plan announcement (i.e., from July 18, 2025, to October 17, 2025) through centralized bidding and block trading. Director and financial officer Mr. Wu Zhixing plans to reduce his holdings of the company's shares by no more than 127,113 shares (accounting for 0.0509% of the total share capital after excluding shares in the company's repurchase special account) within three months after 15 trading days from the date of this announcement (i.e., from July 18, 2025, to October 17, 2025) through centralized bidding and block trading. Shanghai Weicheng Enterprise Management Center (Limited Partnership) (the company's employee stock ownership platform, referred to as "Shanghai Weicheng") plans to reduce its holdings of the company's shares by no more than 241,863 shares (accounting for 0.0969% of the total share capital after excluding shares in the company's repurchase special account) within three months after 15 trading days from the date of this announcement (i.e., from July 18, 2025, to October 17, 2025) through centralized bidding and block trading. Tongling Hengshifeng Enterprise Management Partnership (Limited Partnership) (the company's employee stock ownership platform, referred to as "Tongling Hengshifeng") plans to reduce its holdings of the company's shares by no more than 12,675 shares (accounting for 0.0051% of the total share capital after excluding shares in the company's repurchase special account) within three months after 15 trading days from the date of this announcement (i.e., from July 18, 2025, to October 17, 2025) through centralized bidding