Fangzheng Electric Machine: Chairman Weng Weiwen and Chief Financial Officer Lu Meiling plan to reduce their shareholding by no more than 0.2786%.

Fangzheng Electric announced that the company's chairman, Weng Weiwen, holds 5.402 million shares of the company, and the chief financial officer Lu Meiling holds 138,800 shares of the company. The two plan to collectively reduce their holdings by no more than 1.3819 million shares from July 16, 2026 to October 15, 2026, through centralized bidding. Among them, Weng Weiwen intends to reduce his holdings by no more than 1.348 million shares, and Lu Meiling intends to reduce her holdings by no more than 33,900 shares. The reason for the reduction is the shareholders' own fund needs.