BQ New Materials: The controlling shareholder acting in concert has reduced its holdings by 1.72%.

Announcement of Boqian New Materials: The controlling shareholder and actual controller of Ningbo Shenyang Entrepreneurship Investment Partnership have completed their reduction plan. From May 11, 2026 to June 9, 2026, a total of 4.5 million shares were reduced, accounting for 1.72% of the company's total share capital. This includes 2.616 million shares reduced through centralized bidding and 1.884 million shares through block trades, at a price range of 123.15 to 168.63 yuan per share, with a total reduction amount of 676 million yuan. After the reduction, they hold 13.5 million shares, accounting for 5.16%.