SHEN YU announced that the actual controllers Ren Fengjuan, Tang Jiankang, and their concerted actors collectively reduced their shareholding from 72.8838 million shares to 71.4259 million shares, with the total shareholding ratio decreasing from 40.82% to 40.00%. This equity change was conducted through centralized bidding, with the reduction period from April 9, 2025, to May 8, 2025, totaling a reduction of 1.4578 million shares. After the reduction, Ren Fengjuan holds 36.1108 million shares, and Tang Jiankang holds 4.6876 million shares. This reduction will not lead to changes in the company's controlling shareholder and actual controller, nor will it have a significant impact on the company's governance structure and ongoing operations