Jiangsu Riying Electronics announced that Shareholder Han Yawei plans to reduce no more than 0.6934 million Stocks, or no more than 0.5945% of the total share capital, within three months after the announcement is disclosed for 15 trading days, through centralized bidding. Han Yawei currently holds 0.6934 million Stocks in the company, accounting for 0.5945% of the total share capital, which were obtained before the IPO. This reduction is mainly due to personal funding needs; if the company's Stocks are suspended for trading, the reduction time will be postponed. The Shareholding plan complies with relevant laws and regulations, and there is no risk of a change in company control.