Shannon Core Innovation: Wuxi High-tech Zone New Driving Industry Development Fund reduces its holdings by 549,200 shares.

Shannon Cores Announcement: Wuxi High-tech Zone New Energy Industry Development Fund reduced its holdings by 549,200 shares through centralized bidding on November 11, 2025. The shareholding ratio decreased from 5.12% to 4.999985%. This equity change will not result in changes to the company's controlling shareholder or actual controller, nor will it have a significant impact on the company's governance structure and ongoing operations.