Min Dong Power: The plan for reducing holdings by the Provincial Investment Group has reached its maturity, with a total reduction of 0.7446% of shares.

Announcement of Fujian Mindong Electric Power Co., Ltd.: The shareholder Fujian Development Investment Group Co., Ltd., holding more than 5% of the shares, has completed its plan to reduce its holdings. The reduction plan was disclosed on June 9, 2025. The Development Investment Group plans to reduce its holdings by up to 4,579,514 shares through centralized auction trading within 3 months, not exceeding 1% of the total share capital. As of the announcement date on September 29, 2025, the Development Investment Group has reduced its holdings by a total of 3,410,000 shares from July 7 to August 11, accounting for 0.7446% of the total share capital, with an average reduction price of 11.22 yuan per share. After the reduction, the shareholding ratio has decreased from 6.58% to 5.83%. This reduction complies with regulations and pre-disclosure, and does not affect the company's control and ongoing operations.