Sijin Intelligence announced that Fubr Ruiqi, a shareholder holding 5% or more of the shares, plans to reduce its holdings by no more than 790,000 shares through centralized bidding transactions or bulk transactions within 3 months after 15 trading days from the date of disclosure of the announcement, accounting for 0.3339% of the company's total share capital. Since Fubr Ruiqi invested in the company in 2011, the current reduction in holdings is a normal act and will not have a significant impact on the company's governance structure, equity structure and continuous operation. The reason for the reduction in holdings was due to the shareholders' own operating needs. The source of the reduction in shares was shares held before the initial public offering of shares and shares obtained by transferring equity reserves to increase share capital in previous years.