According to the announcement of Innovative New Materials, Beijing Hualian Group Investment Holdings Co., Ltd. and Beijing Hualian Commercial Building Co., Ltd., the co-actor, originally held a total of 197,744,951 shares, accounting for 5.26%. From December 19, 2025 to January 6, 2026, Hualian Group reduced its holdings of 37,560,700 shares through centralized bidding, accounting for 1%. The reduced price was 4.17 to 4.43 yuan/share, and the reduction amount was 161,322,932 yuan. After the holdings were reduced, Hualian Group held 156,635,251 shares, accounting for 4.17%; together, the two held 160,184,251 shares, accounting for 4.26%. The implementation of this holdings reduction plan has been completed.

According to the announcement of Innovative New Materials, Beijing Hualian Group Investment Holdings Co., Ltd. and Beijing Hualian Commercial Building Co., Ltd., the co-actor, originally held a total of 197,744,951 shares, accounting for 5.26%. From December 19, 2025 to January 6, 2026, Hualian Group reduced its holdings of 37,560,700 shares through centralized bidding, accounting for 1%. The reduced price was 4.17 to 4.43 yuan/share, and the reduction amount was 161,322,932 yuan. After the holdings were reduced, Hualian Group held 156,635,251 shares, accounting for 4.17%; together, the two held 160,184,251 shares, accounting for 4.26%. The implementation of this holdings reduction plan has been completed.