Leo's partial reduction plan for directors and senior executives has been completed, with a total reduction of 6.7659 million shares

On June 13, 2025, Leo disclosed part of the reduction plan for its directors and senior executives. Director Zhang Xubo and four others plan to reduce their holdings by no more than 6.7699 million shares. Recently, the company announced that as of September 24, the reduction plan has been completed. The reduction period was from July 7 to September 23, all conducted through centralized bidding, totaling a reduction of 6.7659 million shares, accounting for 0.10% of the total share capital after excluding shares in the repurchase special account. After the reduction, the shareholding ratios of the relevant personnel have all decreased. This reduction complies with regulations, does not involve the controlling shareholder or actual controller, will not lead to a change in control, nor affect the company's operations, and the implementation situation is consistent with the pre-disclosure