China Man Petroleum announced that from December 19 to 22, 2025, shareholder Zhu Fengxue, who holds more than 5% of the shares, and co-actors co-invested to reduce their holdings of the company's shares by a total of 1.626,600 shares through centralized bidding, accounting for 0.35% of the total share capital. Among them, Zhu Fengxue reduced its holdings by 185,800 shares, accounting for 0.04%; Gongrong Investment reduced its holdings by 1.44,800 shares, accounting for 0.31%. After this change in equity, its total shareholding ratio fell from 7.21% to 6.86%, hitting the 1% scale. This reduction in holdings is consistent with the previous disclosure plan. It does not touch on the proposed acquisition, nor will it change the controlling shareholder or actual controller.

China Man Petroleum announced that from December 19 to 22, 2025, shareholder Zhu Fengxue, who holds more than 5% of the shares, and co-actors co-invested to reduce their holdings of the company's shares by a total of 1.626,600 shares through centralized bidding, accounting for 0.35% of the total share capital. Among them, Zhu Fengxue reduced its holdings by 185,800 shares, accounting for 0.04%; Gongrong Investment reduced its holdings by 1.44,800 shares, accounting for 0.31%. After this change in equity, its total shareholding ratio fell from 7.21% to 6.86%, hitting the 1% scale. This reduction in holdings is consistent with the previous disclosure plan. It does not touch on the proposed acquisition, nor will it change the controlling shareholder or actual controller.