Ningbo Color Masterbatch: Mao Chunguang, Zhou Bihong, and Chen Jianguo plan to reduce their respective holdings of company shares by no more than 0.6125%, 0.5440%, and 0.1356%.

Ningbo Color Masterbatch Announcement: Director and Vice General Manager Mao Chunguang holds 4.0415 million shares, accounting for 2.4499%, and plans to reduce no more than 1.0104 million shares, accounting for 0.6125%, through centralized bidding or block trading within 3 months after the disclosure of this announcement; Director Zhou Bihong holds 3.5896 million shares, accounting for 2.1367%, and plans to reduce no more than 0.8974 million shares, accounting for 0.5440%; Board Secretary Chen Jianguo holds 0.8947 million shares, accounting for 0.5424%, and plans to reduce no more than 0.2237 million shares, accounting for 0.1356%.