According to Mengtai Hi-Tech's announcement, shareholder Guo Hongjiang reduced his holdings by 1.123,500 shares on July 8, and the total equity ratio of the controlling shareholder and those acting in concert with them fell to 49.26%. On July 30, Guo Qinghai, the controlling shareholder and actual controller, broke off the concerted action relationship with the shareholders, and the total equity ratio of the controlling shareholder and those acting in concert fell to 48.58%, which is an integer multiple of 1%. This change does not involve fulfilling promises, etc., complies with relevant regulations, does not result in a change in control, and does not affect corporate governance and continuous operation.

According to Mengtai Hi-Tech's announcement, shareholder Guo Hongjiang reduced his holdings by 1.123,500 shares on July 8, and the total equity ratio of the controlling shareholder and those acting in concert with them fell to 49.26%. On July 30, Guo Qinghai, the controlling shareholder and actual controller, broke off the concerted action relationship with the shareholders, and the total equity ratio of the controlling shareholder and those acting in concert fell to 48.58%, which is an integer multiple of 1%. This change does not involve fulfilling promises, etc., complies with relevant regulations, does not result in a change in control, and does not affect corporate governance and continuous operation.