According to Kelai Electromechanical's announcement, Chen Jiukang, the controlling shareholder and actual controller of the company, reduced his holdings of the company's shares by a total of 2.622 million shares through centralized bidding and bulk transactions from September 15 to September 17, 2026, accounting for 1.00% of the company's total share capital. After this equity change, the total number of shares held by Chen Jiukang and his co-actors, was reduced from 97.013,200 shares to 94.3912 million shares, and the shareholding ratio was reduced from 37.00% to 36.00%. The equity change hit a 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 of the company's shares by a total of 2.622 million shares through centralized bidding and bulk transactions from September 15 to September 17, 2026, accounting for 1.00% of the company's total share capital. After this equity change, the total number of shares held by Chen Jiukang and his co-actors, was reduced from 97.013,200 shares to 94.3912 million shares, and the shareholding ratio was reduced from 37.00% to 36.00%. The equity change hit a 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.