Anhui AnKai: The provincial investment group has completed its reduction plan, with a reduction ratio of 1%.

Announcement from Anhui Ankai Automobile Co., Ltd.: The shareholder Anhui Provincial Investment Group Holding Co., Ltd., who holds more than 5% of the shares, has completed their reduction plan. On May 27th of this year, the Investment Group disclosed a plan to reduce no more than 9.3951 million shares through centralized bidding within 90 natural days after 15 trading days following the pre-disclosure announcement. From August 26th to September 15th, the Investment Group reduced 9.3951 million shares through centralized bidding, with a reduction percentage of 1%. The average price of the reduction was 5.84 yuan per share, with a price range of 5.62 to 6.07 yuan per share. After the reduction, their shareholding percentage decreased from 7.37% to 6.37%. This reduction was in compliance with regulations and did not lead to a change in company control, nor did it impact corporate governance and operations.