Shenling Environment: Four major shareholders plan to reduce their holdings in the company.

Shen Ling Environmental Announcement: The company's concerted action person, Shen Ling Investment, holds 34.9845 million shares, accounting for 13.15%. It plans to reduce its holdings by no more than 3.2 million shares, accounting for 1.20%, through block trading from November 25, 2025 to February 24, 2026; Shareholders with more than 5% ownership, Tan Bingwen and Su Cuixia respectively hold 29.08 million shares, accounting for 10.93%, and 13.711 million shares, accounting for 5.15%. It plans to reduce its holdings by no more than 2.66 million shares and 2.765 million shares through concentrated bidding and concentrated bidding and block trading methods respectively during the same period, with ratios of 1.00% and 1.04%; Vice General Manager Chen Jun holds 90,200 shares, accounting for 0.03%, and plans to reduce his holdings by no more than 22,500 shares, accounting for 0.01%, through concentrated bidding during the same period.