Jiangyan Group: Shareholder Ningbo Xinda Hanshilon and Dragon Ridge Equity Investment Partnership Enterprise reduce their holdings by no more than 3%.

Jiangyan Group Announcement: As of the date of this announcement, shareholder Ningbo Xinda Hanshi Longji Equity Investment Partnership Enterprise holds 84,389,400 shares of the company, accounting for 13.13% of the total share capital; for the needs of business development, it is planned to reduce its holdings by a total of no more than 19,283,300 shares from March 7, 2026 to June 4, 2026 through centralized bidding and block trading, with no more than 6,427,800 shares reduced through centralized bidding and no more than 12,855,500 shares reduced through block trading, with a reduction ratio of not more than 3%.