Zhong Rong Electric: The actual controllers and persons acting in concert plan to reduce their holdings of 979,600 shares.

announced that shareholders Ningbo Zhongyu and Ningbo Zhongming, who are acting in concert as the actual controllers, had disclosed a reduction plan on October 13. They planned to reduce their holdings by a total of 979,600 shares, accounting for 0.9990% of the total share capital, through centralized bidding or block trading within three months after the date of the announcement. As of December 23, both parties had completed the reduction plan, with Ningbo Zhongyu reducing 548,600 shares at an average price of 109.38 yuan per share, and Ningbo Zhongming reducing 431,000 shares at an average price of 109.84 yuan per share. This reduction will not lead to a change in the company's controlling rights.