BW Storage: The National Integrated Circuit Industry Investment Fund II reduces its holdings by approximately 0.9955%

Baiwei Storage Announcement: Recently, the company received a "Notice of Implementation Progress of Share Reduction Plan" issued by the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. From October 9, 2025 to December 2, 2025, the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. reduced its holdings of the company's shares by 4,646,000 shares through block trading, accounting for 0.9955% of the total share capital of the company. After this equity change, the National Integrated Circuit Industry Investment Fund Phase II Co., Ltd.'s shareholding percentage in the company changed from 7.9033% to 6.9078%, touching the 1% threshold. This equity change is a normal reduction of holdings by a shareholder holding more than 5% of the company's shares, does not trigger a tender offer, does not involve sources of funds; it will not result in a change in the company's controlling shareholder or actual controller, and will not have a significant impact on the company's governance structure and continued operations.