Wandes said shareholders Nanjing Huicai hold 4.42 mln shares (5.20%) and Nanjing Hecai hold 3.20 mln shares (3.76%). Citing funding needs, the two plan to sell up to 850,000 shares in aggregate (not exceeding 1.00% of outstanding share capital) via on-exchange centralized bidding within three months beginning no earlier than 15 trading days after this disclosure; the stated selling window is June 22, 2026 to Sept. 21, 2026. Shares to be sold are pre-IPO holdings; planned volumes will be adjusted

Wandes said shareholders Nanjing Huicai hold 4.42 mln shares (5.20%) and Nanjing Hecai hold 3.20 mln shares (3.76%). Citing funding needs, the two plan to sell up to 850,000 shares in aggregate (not exceeding 1.00% of outstanding share capital) via on-exchange centralized bidding within three months beginning no earlier than 15 trading days after this disclosure; the stated selling window is June 22, 2026 to Sept. 21, 2026. Shares to be sold are pre-IPO holdings; planned volumes will be adjusted for dividends, bonus shares or share capital changes.