Neway Group: Major shareholder Lu Bin has reduced his holdings to the 1% threshold, bringing the total shareholding ratio down to 61.00%.

Nuwei Co., Ltd. announced that its controlling shareholder, Lu Bin, reduced his holdings of the companys A-shares by a total of 5.585 million shares through centralized bidding from June 1, 2026, to August 3, 2026, accounting for 0.72% of the companys current total share capital. After this equity change, the total proportion of shares held by Lu Bin and his concerted actors decreased from 61.72% to 61.00%, triggering a 1% scale in the equity change.