Demingli announced that it had recently received the 'Notice on Progress of Share Reduction' and the 'Simple Equity Change Report' from shareholder Wei Hongzhang. On November 7, 2025, Wei Hongzhang reduced his holdings of the company's shares by 782,200 through competitive bidding transactions, accounting for 0.34475% of the company's total share capital. After this reduction, his shareholding ratio dropped to 4.99998%.
