Fangyuan Holdings: Shareholder Beiteri, with more than 5% of shares, reduced holdings, resulting in a holding percentage below 5%.

Fangyuan Group announced that on February 10, 2026, its shareholder Bateray New Materials Group Co., Ltd., owning more than 5% of the shares, reduced its holdings by 5,800 shares through centralized bidding, decreasing its holdings from 25,514,408 shares to 25,508,608 shares. The shareholding ratio decreased from 5.0011% to 5.0000%, falling below 5%. This equity change does not trigger a tender offer and will not result in a change of the company's controlling shareholder or actual controller. As of the disclosure date of the announcement, Bateray is still within the implementation period of the reduction plan.