Ningbo Huaxiang: The stock sale of the employee shareholding plan for 2022 is completed.

Ningbo Huaxiang Announcement: All the company stocks held by the Employee Stock Ownership Plan in 2022 have been sold. The company held 10.9489 million shares through this employee stock ownership plan, all of which have been sold through centralized auction trading. The number of shares sold accounted for 1.345% of the total share capital of the company. According to the relevant provisions of the company's "2022 Employee Stock Ownership Plan" and "2022 Employee Stock Ownership Plan Management Measures", this employee stock ownership plan has been implemented and terminated.