Core Viewpoint - The announcement details a change in the shareholding ratio of the controlling shareholder and actual controller, which has decreased by more than 1% due to the conversion of convertible bonds and the cancellation of restricted stock incentives, but this change will not affect the stability of the company's control or its governance structure [1][2]. Summary by Sections Shareholding Changes - The controlling shareholder, Mr. Zhang Weiguo, saw his shareholding ratio decrease from 21.9349% to 20.6657% due to the conversion of convertible bonds and the cancellation of part of the restricted stock incentive plan [1][2]. - The total share capital of the company increased from 190,719,649 shares to 199,862,378 shares as a result of the bond conversion [1]. Shareholding Structure - Before the change on October 28, 2022, Mr. Zhang held 4,163.8913 million shares, representing 21.9349% of the total share capital. After the change on July 15, 2025, he held 4,130.2913 million shares, representing 20.6657% [2]. - The number of unrestricted shares held by Mr. Zhang decreased from 1,012.9728 million shares (5.3362%) to 0 shares (0.0000%) [2]. Impact on Company Governance - The changes in shareholding will not impact the stability of the company's control or its governance structure, ensuring continued operational integrity [1][2].