JC: Shareholder Hu Jun plans to reduce holdings by no more than 0.93% of shares

JC announced that specific shareholder Hu Jun plans to reduce his holdings by no more than 2.6 million shares, accounting for 0.93% of the company's total share capital, within three months after 15 trading days from the date of the announcement, through centralized bidding or block trading. Currently, Hu Jun holds 7.0321 million shares, accounting for 2.51% of the total share capital. This reduction plan was initiated due to Hu Jun's personal funding needs, and the reduction price will be determined based on market prices and trading methods. If the company has any additional issuance, dividend distribution, or other matters during this period, the reduction quantity and proportion will be adjusted. The reduction plan complies with relevant laws and regulations and will not lead to a change in the company's control