Chuling Information announced that directors and general manager Jin Ning, director and deputy general manager Wang Min, and director Cheng Taomu plan to reduce their respective shareholdings by no more than 25,800 shares, 47,600 shares and 4,300 shares through centralized bidding within the next three months, with a total reduction of no more than 77,700 shares, accounting for 0.0366% of the company's total share capital. The reasons for the reduction are personal funding needs, and the source of the shareholding is stock-based incentives and secondary market holdings. The reduction period is within three months after 15 trading days from the date of the announcement. This reduction will not affect the company's control and governance structure.