Jingda Group: Changes in the equity interests of the actual controller and its persons acting in concert reaching the 1% threshold.

Jingda Co., Ltd. announced that on November 19-20, 2025, the actual controller Li Guangrong reduced his holdings by 5.907 million shares through centralized bidding, accounting for 0.27% of the total share capital. His shareholding ratio decreased from 3.88% to 3.60%. The concerted action person Tehua Investment has not reduced its holdings for now. After this change in equity, the combined shareholding ratio of Li Guangrong and its concerted action person decreased from 9.27% to 9.00%. This change will not result in a change in the actual controller and will not affect the company's operations. If the divestment plan is completed, their combined shareholding will decrease to 6.28%, making the company's equity structure more diversified.