Xinjiang Construction and Investment Group: Tebian Electric Apparatus Group plans to reduce its shareholding of the company by no more than 2.88%.

Xinjiang Construction and Construction announced that shareholder TBEA Group, holding more than 5% of the shares, plans to reduce its holdings in the company by no more than 21 million shares, or 2.88% of the total share capital of the company, through centralized bidding and block trading due to its own capital needs. The reduction period is within 3 months after 15 trading days from the date of the announcement.