New City: Shareholders Wangyuan Technology and Yuanfang Industrial plan to reduce their holdings by 3% and 2%, respectively.

New City Announcement: Shareholder Dongtai Wangyuan Technology, holding 14.82% of the shares, currently owns 29,706,400 shares. They plan to reduce their holdings by no more than 6,012,500 shares, or 3.00%, through centralized bidding or block trades from March 24, 2026, to June 23, 2026. Shareholder Shenzhen Yuanfang Industrial, holding 11.28%, currently owns 22,611,400 shares. They plan to reduce their holdings by no more than 4,008,300 shares, or 2.00%, using the same method during the same period.

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