JIAFAET: Chen Daqiang reduced his holdings by 2.79% in July

JIAFAET announced that shareholder Mr. Chen Daqiang reduced his holdings by 3.7591 million shares through centralized bidding from July 8 to July 30, 2025, at an average reduction price of 11.64 yuan, accounting for 0.94% of the company's total share capital; from July 9 to July 18, 2025, he reduced his holdings by 7.4 million shares through block trading, at an average reduction price of 10.59 yuan, accounting for 1.85% of the company's total share capital; the total reduction amounted to 11.1591 million shares, accounting for 2.79% of the company's total share capital. After the reduction, he holds 7.594 million shares, with a shareholding ratio of 1.90%, and the reduction plan has been completed