Dongyi Risheng announced that Xiaomi Technology (Wuhan) Co., Ltd., a shareholder holding more than 5% of the company's shares, plans to reduce its holdings of the company's shares by no more than 4,195,369 shares through centralized bidding transactions due to funding needs, accounting for 1% of the total share capital of the listed company. The reduction period is within 3 months after the fifteenth trading day from the date of disclosure of this announcement. Xiaomi Technology currently holds 21,000,000 shares of the company's stock, accounting for 5.01% of the company's total share capital. There is uncertainty in the time, quantity and price of the reduction plan. The implementation of this reduction plan will not lead to a change in the control of the listed company, and will not affect the company's governance structure, equity structure and sustainable operation.