According to Tianshun Fengneng's announcement, Leshun Holdings Co., Ltd., a shareholder holding 5% or more of the shares, reduced its holdings of 13,872,270 shares through bulk transactions from July 27 to 28, 2026, accounting for 0.77% of the company's total share capital, and the shareholding ratio was reduced from 20.77% to 20%. The current holdings reduction was carried out in accordance with the holdings reduction plan to meet our own capital planning needs. Leshun is not a controlling shareholder or actual controller of the company, and this reduction in holdings will not result in a change in control.

According to Tianshun Fengneng's announcement, Leshun Holdings Co., Ltd., a shareholder holding 5% or more of the shares, reduced its holdings of 13,872,270 shares through bulk transactions from July 27 to 28, 2026, accounting for 0.77% of the company's total share capital, and the shareholding ratio was reduced from 20.77% to 20%. The current holdings reduction was carried out in accordance with the holdings reduction plan to meet our own capital planning needs. Leshun is not a controlling shareholder or actual controller of the company, and this reduction in holdings will not result in a change in control.