No. 9 company: Sequoia Capital, the largest shareholder, has reduced its shareholding ratio by 5%, and the current shareholding ratio has decreased to 10.11%

On May 18, the ninth company announced that Sequoia Capital China, the holder of the company’s depositary receipts and the largest shareholder of the company, reduced its holdings of a total of 349027 million company depositary receipts through inquiry transfer, block trading and centralized bidding from November 4, 2021 to May 17, 2022, and its holdings of company depositary receipts decreased from 106 million to 715678 million, accounting for 10.11% of the company’s total depositary receipts from 15.11%, The cumulative reduction of the company’s depositary receipts has reached 5%. It is understood that Sequoia Capital China belongs to Sequoia Capital. According to the announcement, Shen NANPENG, the actual controller of Sequoia Capital China, is a director of the company.