JOINN (06127) announced that Sun Yunxia, Gao Dapeng, and Gu Jingliang plan to reduce their holdings by no more than 674,700 shares, 72,100 shares, and 67,400 shares respectively from September 30, 2025 to November 28, 2025 (15 trading days after the announcement of this reduction plan) through block trading or centralized bidding on the Shanghai Stock Exchange. Li Ye and Yu Aishui plan to reduce their holdings by no more than 25,600 shares and 8,500 shares respectively during the same period through centralized bidding on the Shanghai Stock Exchange. The total reduction will not exceed 848,300 shares, representing no more than 0.1132% of the company's current total share capital. During the implementation of the reduction plan, if the company undergoes ex-rights events such as bonus share distribution, share capital conversion, new share issuance, or rights offering, the reduction quantity will be adjusted accordingly. The reduction price will be determined based on market prices.