According to Hengda New Materials's announcement, Quzhou Chuanda Venture Capital Partnership, which holds more than 5% of the company's shares, reduced its holdings of the company's shares by 196,300 shares through centralized bidding transactions between September 24 and September 29, 2026, accounting for 0.22% of the company's total share capital. After this change in equity, Chuanda Investment's shareholding ratio fell from 17.21% to 16.99%, and the share change hit an integer multiple of 1%. This holdings reduction is consistent with the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been completed. This change in equity will not lead to a change in the company's control and will not have a significant impact on the company's governance structure and continuous operation.

According to Hengda New Materials's announcement, Quzhou Chuanda Venture Capital Partnership, which holds more than 5% of the company's shares, reduced its holdings of the company's shares by 196,300 shares through centralized bidding transactions between September 24 and September 29, 2026, accounting for 0.22% of the company's total share capital. After this change in equity, Chuanda Investment's shareholding ratio fell from 17.21% to 16.99%, and the share change hit an integer multiple of 1%. This holdings reduction is consistent with the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been completed. This change in equity will not lead to a change in the company's control and will not have a significant impact on the company's governance structure and continuous operation.