Chongde Technology: Shareholder Wu Xingming plans to reduce his holdings by no more than 1%.

Chongde Technology Announcement: Shareholder and director Wu Xingming currently holds 7.6245 million shares, accounting for 8.7637% of the total share capital of the company and 8.8069% of the total share capital excluding repurchased shares. He plans to reduce his holdings through centralized bidding within 3 months after 15 trading days from the date of this reduction announcement, not exceeding 870,000 shares, accounting for 1% of the total share capital of the company and 1.0049% of the total share capital excluding repurchased shares; the reduction price shall not be lower than 44.67 yuan per share, and will be adjusted accordingly in case of dividend or bonus events.