North Element Group: Shareholders holding more than 5% of shares reduce their holdings by 1%. The reduction plan has not been completed.

The Beiyuan Group announced that Hengyuan Investment, a shareholder holding more than 5% of the company's shares, originally planned to reduce its stake by no more than 2% through block trades. From March 25 to April 2, 2026, Hengyuan Investment reduced its holdings by 39.567 million shares through block trades, accounting for 1.00% of the total share capital of the company. The reduction price ranged from 3.83 to 4.08 yuan per share, with a total reduction amount of 156 million yuan. Hengyuan Investment's shareholding ratio dropped from 24.65% to 23.66%, and its combined shareholding ratio with concerted parties dropped from 27.00% to 26.00%. As of the announcement disclosure date, the reduction plan has not been fully implemented.