Transtrue: Hu Xiaozhou, Chen Ruiliang, and Wu Lan plan to reduce their holdings in the company by 2.66%, 2.37%, and 0.93%, respectively

Transtrue announced that shareholders Hu Xiaozhou, Chen Ruiliang, and Wu Lan plan to reduce their holdings in the company within three months from the third trading day after the announcement, through centralized bidding and block trading. Hu Xiaozhou intends to reduce 5.5876 million shares, accounting for 2.66% of the company's total share capital; Chen Ruiliang intends to reduce 4.9751 million shares, accounting for 2.37% of the company's total share capital; Wu Lan intends to reduce 1.9542 million shares, accounting for 0.93% of the company's total share capital. The reason for the reduction is personal funding needs, and the reduction price will be determined according to market prices