Hai Zhengsheng: Shareholders holding more than 5% of the shares reduce their holdings by 1%, and the reduction plan has been completed.

China Petrochemical Capital originally held 12,814,894 shares of the company, accounting for 6.32% of the total share capital. Due to the need for funds for business development, it disclosed a plan to reduce its holdings on September 26, 2025, through centralized bidding trading to reduce no more than 2,026,700 shares, accounting for not more than 1% of the total share capital within three months after fifteen trading days from the date of the announcement. As of November 11, China Petrochemical Capital had sold a total of 2,026,700 shares, accounting for 1% of the total share capital, with a total amount of 26.7321 million yuan. After the reduction, its holdings decreased to 10,788,194 shares, accounting for 5.32% of the total share capital.