Sage Measurement Electronics: Shareholder Chen Kai plans to reduce holdings by no more than 1.79%.

In the announcement of Jiangsu Zhongce Electronic, Mr. Chen Kai, a shareholder holding more than 5% of the shares, holds 22.5298 million shares, accounting for 8.05% of the total share capital; due to his own capital needs, he plans to reduce his holdings by no more than 5 million shares, accounting for 1.79%, through centralized bidding or block trading within 3 months after 15 trading days from the announcement, of which the reduction through centralized bidding shall not exceed 1%, and the reduction through block trading shall not exceed 2%.