LYFEN: The equity change of the controlling shareholder decreased by 1.65%

LYFEN announced that the company's controlling shareholder, Shanghai Aiwu Enterprise Management Co., Ltd. and its concerted parties, reduced their shareholding ratio from 62.79% to 61.14%. This equity change was conducted through centralized bidding and block trading, with a reduction of 2.1905 million shares through centralized bidding and a reduction of 3.34 million shares through block trading. This equity change touches on the 1% integer multiple situation, does not violate the previously disclosed reduction plan, and does not trigger mandatory tender offer obligations. This reduction will not lead to changes in the company's controlling shareholder or actual controller, nor will it affect the company's governance structure and ongoing operations. The company will continue to monitor the progress of the reduction plan and fulfill its information disclosure obligations