Haicheng Bangda: Director Wang Xiping completes a 0.97% reduction in shareholding.

Announcement of Hai Cheng Bangda: Director Wang Xiping will reduce his holdings by 1.984 million shares through centralized bidding from December 5, 2025 to February 2, 2026. This represents 0.97% of the total number of company shares, with a transaction price of 14.18 to 16.02 yuan per share and a total reduction amount of 29.1971 million yuan. Before the reduction, he held 7.9361 million shares, accounting for 3.87%, and after the reduction, he held 5.9521 million shares, accounting for 2.90%. The previous disclosed reduction plan had a maximum of 1.984 million shares, also 0.97%, and has now been fully implemented.