Jianghai shares: Shareholders holding more than 5% of the shares reduce their holdings by 2.02% of the shares. The plan is expected to be completed.

Jianghai Group announced that the shareholder Yiewei Investment, who holds more than 5% of the shares, originally planned to reduce their holdings by up to 16,841,491 shares through block trading from February 2 to May 1, 2026, which is no more than 2.00% of the total share capital. In reality, they reduced their holdings by 17,010,478 shares from February 10 to March 2, accounting for 2.02% of the total share capital, due to a miscalculation that resulted in a reduction of 168,987 shares, with a transaction amount of 5.0814 million yuan. They have apologized and strengthened management. After this reduction, their stake has decreased to 11.93%. The reduction plan has been completed and will not lead to a change in control, nor will it affect corporate governance and operations.