Jianglong Shipbuilding: Controlling shareholder Yan Zhiqing plans to reduce their holdings by no more than 2%.

Announcement from Jianglong Boat, the controlling shareholder and actual controller Yan Zhiqing holds 52.2836 million shares, accounting for 13.8438% of the total shares. They plan to reduce their holdings by no more than 7.5534 million shares, or 2.0000%, within 3 months after 15 trading days from the date of this reduction plan announcement, through centralized bidding or block trading. The shares to be sold were issued before the initial public offering, and the selling price will be determined based on market prices. The selling shareholder does not violate the provisions of Articles 5 to 9 of the "Self-Regulation Guidelines for Listed Companies on the Shenzhen Stock Exchange - Shareholders, Directors, and Senior Management Personnel Reducing Shares".