萃华珠宝：持股5%以上股东减持至5%以下

Core Viewpoint - The announcement from Cuihua Jewelry indicates a change in shareholding structure due to a reduction in holdings by significant shareholders Shao Zengming and Shao Huili, which does not affect the company's governance or operations [1] Shareholding Changes - Shao Huili reduced her holdings by selling 100 shares through the secondary market on November 10, 2025, which represents 0.000039% of the total share capital [1] - Following this transaction, the combined shareholding of Shao Zengming and Shao Huili decreased to 12,807,700 shares, accounting for 4.999961% of the total share capital, thus no longer qualifying as shareholders with over 5% ownership [1] Impact on Company Governance - The reduction in shareholding does not trigger a mandatory tender offer and does not impact the controlling shareholder or actual controller [1] - The change in shareholding is stated to have no effect on the company's governance and operations [1]