Hai Ba Heavy Industry: The company plans to reduce its shareholding by 0.99%.

Haibo Heavy Industry Announcement: The company plans to reduce its holdings by means of centralized bidding for a portion of the shares repurchased from March 5, 2024 to May 16, 2024, with a quantity not exceeding 1,975,000 shares, accounting for 0.99% of the total share capital of the company, and 1.00% of the total share capital of the company after deducting the shares held in the repurchase special account; The reduction period is from October 21, 2025 to January 20, 2026, and the price will be determined based on the secondary market price at the time of reduction. As of the announcement date, the company has repurchased 2,522,000 shares and has not yet reduced or transferred them.