HONOTO: The concerted action party of the controlling shareholder and actual controller plans to reduce its holdings by no more than 1.74% of the shares

HONOTO announced that its controlling shareholder and actual controller's concerted action party, Taizhou Tongju Information Technology Consulting Partnership, plans to reduce its holdings of the company's shares by no more than 1.9 million shares through block trading within three months after the announcement date, accounting for no more than 1.74% of the company's total share capital. The reason for the reduction is for its own capital arrangement, and the method of reduction is block trading, with the reduction period from September 22, 2025, to December 21, 2025. The price range for the reduction will be determined based on market conditions. This reduction plan complies with relevant laws, regulations, and normative documents, will not lead to a change in the company's control, and will not affect the company's governance structure and ongoing operations