Core Viewpoint - The major shareholder, Tianjin Sequoia Juye Equity Investment Partnership (Limited Partnership), plans to reduce its stake in the company due to funding needs, which involves a significant number of shares [1] Group 1 - Tianjin Sequoia holds 32.2728 million shares, accounting for 7.66% of the company's total shares [1] - The planned reduction will occur between February 3, 2026, and May 2, 2026, through centralized bidding or block trading [1] - The total shares to be reduced amount to 11.7962 million, representing 2.8% of the company's total shares of 421 million [1]