According to Kelai Electromechanical's announcement, Chen Jiukang, the controlling shareholder and actual controller of the company, reduced his holdings by 6102,000 shares through centralized bidding, accounting for 0.23% of the total share capital, and reduced his holdings by 1.3 million shares, accounting for 0.50% of the total share capital through bulk transactions. In total, his holdings were reduced by 1.9102 million shares, accounting for 0.73% of the total share capital. After this reduction in holdings, Chen Jiukang and his co-actors, the total shareholding of Shili dropped from 98.923,400 shares to 97.013,200 shares. The shareholding ratio fell from 37.73% to 37.00%, and the change in equity hit the 1% scale. The current holdings reduction is to fulfill the previously disclosed holdings reduction plan. It does not touch on the proposed acquisition, and will not lead to a change in the actual controller of the company. Currently, the holdings reduction plan has not been completed.

According to Kelai Electromechanical's announcement, Chen Jiukang, the controlling shareholder and actual controller of the company, reduced his holdings by 6102,000 shares through centralized bidding, accounting for 0.23% of the total share capital, and reduced his holdings by 1.3 million shares, accounting for 0.50% of the total share capital through bulk transactions. In total, his holdings were reduced by 1.9102 million shares, accounting for 0.73% of the total share capital. After this reduction in holdings, Chen Jiukang and his co-actors, the total shareholding of Shili dropped from 98.923,400 shares to 97.013,200 shares. The shareholding ratio fell from 37.73% to 37.00%, and the change in equity hit the 1% scale. The current holdings reduction is to fulfill the previously disclosed holdings reduction plan. It does not touch on the proposed acquisition, and will not lead to a change in the actual controller of the company. Currently, the holdings reduction plan has not been completed.