Jingjin Electric: During the shareholder reduction plan period, Chenghui International completed the reduction.

Jingjin Electric announced that previously Chenghui International and Transcend More planned to reduce their holdings of the company's shares by not more than 1% and 1.5% respectively due to their own operations and fund needs. As of the announcement date, Chenghui International has reduced 5.9022 million shares through centralized bidding, accounting for 1% of the total share capital, with a total reduction amount of 61.99 million yuan. The reduction plan has been completed, and the current shareholding ratio has decreased to 8.19%; Transcend More did not implement the reduction plan this time, still holding 38.0952 million shares, accounting for 6.45% of the total share capital, and the reduction plan has been completed.