Shenhuo Co., Ltd. announced that shareholder Shangqiu Putian Industry & Trade Co., Ltd.'s holdings reduction plan has been completed. From May 15 to July 29, 2026, Putian Industry & Trade reduced its holdings by a total of 28.999.93 million shares through centralized bidding and bulk transactions, accounting for 1.29% of the company's total share capital and 1.30% of the total share capital after exclusion. After the holdings were reduced, Putian Industry & Trade still held 143 million shares, accounting for 6.35% of the total share capital. It is still the company's shareholder holding more than 5% of the company's shares, which will not adversely affect corporate governance and operations.

Shenhuo Co., Ltd. announced that shareholder Shangqiu Putian Industry & Trade Co., Ltd.'s holdings reduction plan has been completed. From May 15 to July 29, 2026, Putian Industry & Trade reduced its holdings by a total of 28.999.93 million shares through centralized bidding and bulk transactions, accounting for 1.29% of the company's total share capital and 1.30% of the total share capital after exclusion. After the holdings were reduced, Putian Industry & Trade still held 143 million shares, accounting for 6.35% of the total share capital. It is still the company's shareholder holding more than 5% of the company's shares, which will not adversely affect corporate governance and operations.