Jiangyan Group announced that due to business development needs, the shareholder Ningbo Cinda Hanshi Longji Equity Investment Partnership plans to reduce its holdings by no more than 6.427,800 shares within 3 months after 15 trading days from July 14, 2026. As of August 10, it had reduced its holdings by 1.69 million shares, accounting for 0.26% of the total share capital. After the equity change, its shareholding ratio fell from 12.13% to 11.87%, hitting the 1% mark. This reduction in holdings has not been implemented, will not lead to a change in the actual controller, and will not touch on the proposed acquisition.

Jiangyan Group announced that due to business development needs, the shareholder Ningbo Cinda Hanshi Longji Equity Investment Partnership plans to reduce its holdings by no more than 6.427,800 shares within 3 months after 15 trading days from July 14, 2026. As of August 10, it had reduced its holdings by 1.69 million shares, accounting for 0.26% of the total share capital. After the equity change, its shareholding ratio fell from 12.13% to 11.87%, hitting the 1% mark. This reduction in holdings has not been implemented, will not lead to a change in the actual controller, and will not touch on the proposed acquisition.