<p>ZXQ announced that a specific shareholder, Zhang Mulan, who is a concerted actor of the controlling shareholder, holds 1.4 million shares of the company, accounting for 0.92% of the total share capital after excluding repurchased shares. She plans to reduce her holdings by no more than 1.4 million shares through centralized bidding transactions from September 22, 2025, to December 21, 2025, which also accounts for 0.92% of the total share capital after excluding repurchased shares</p>

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<p>ZXQ announced that a specific shareholder, the concerted actor of the controlling shareholder Zhang Mulan, holds 1.4 million shares of the company, accounting for 0.92% of the total share capital after excluding repurchased shares. It plans to reduce its holdings by no more than 1.4 million shares through centralized bidding trading from September 22, 2025, to December 21, 2025, accounting for 0.92% of the total share capital after excluding repurchased shares</p>

ZXQ: Zhang Mulan plans to reduce its holdings by 0.92%