Group 1 - The core point of the news is the reduction of shareholding by the major shareholder and chairman, Yin Fuhua, who sold 4,758,400 shares, representing 1.23% of the total shares, reducing his ownership from 16.63% to 15.40% [1][2] - The shareholding change was executed through a block trade on November 24, 2025, and it does not lead to a change in the controlling shareholder or actual controller of the company [1] - This reduction is part of a previously disclosed plan by Yin Fuhua, which was announced on October 30, 2025, and is still in the process of being implemented [2]