On December 17, 2023, Gelonghui announced that Mr. Li Xiaolong, a Shareholder holding 216,974,164 shares (15.776% of the company's total share capital), plans to reduce his Shareholding by no more than 13.753 million shares (1% of the company's total share capital) through a centralized bidding method within three months after fifteen trading days from the date of this announcement; Mr. Li Yujie, the Director and President holding 4,593,838 shares (0.334% of the company's total share capital), plans to reduce his Shareholding by no more than 1,148,000 shares (0.083% of the company's total share capital) through a centralized bidding method within three months after fifteen trading days from the date of this announcement; Mr. Xin Weimin, the Director and Vice President holding 3,651,051 shares (0.265% of the company's total share capital), plans to reduce his Shareholding by no more than 912,000 shares (0.066% of the company's total share capital) through a centralized bidding method within three months after fifteen trading days from the date of this announcement; Mr. Xu Lidong, the Director and Vice President holding 800,000 shares (0.058% of the company's total share capital), plans to reduce his Shareholding by no more than 200,000 shares (0.015% of the company's total share capital) through a centralized bidding method within three months after fifteen trading days from the date of this announcement; Ms. Gu Li, a Supervisor holding 305,006 shares (0.022% of the company's total share capital), plans to reduce her Shareholding by no more than 76,252 shares (0.006% of the company's total share capital) through a centralized bidding method within three months after fifteen trading days from the date of this announcement.