Xinjiang LiXin Energy: Shareholder Shandong Electric Construction completes reduction plan, not exceeding expectations.

On August 12, 2025, Hitachi New Energy disclosed that shareholder Shandong Electric Construction, who holds more than 5% of the shares, plans to reduce its holdings by 9.3333 million shares through centralized bidding within 3 months after 15 trading days from the announcement date. The company recently received a notice letter, and as of the announcement date on September 24th, the reduction plan has been completed. The reduction period was from September 4th to 22nd, with an average reduction price of 6.99 yuan per share, totaling 9.3333 million shares. After the reduction, Shandong Electric Construction's shareholding ratio decreased from 6.68% to 5.68%. This reduction does not affect the company's governance and operations, and does not violate any relevant regulations or commitments, and there are no restrictions on its shares.