Colin Electric: Shareholder Zhang Chengsuo, who holds more than 5% of shares, has reduced his shareholding by 1.18%.

Colin Electric announced that from January 23 to February 26, 2026, shareholder Zhang Chengsuo, who holds more than 5% of the shares, reduced his holdings by a total of 4,757,880 shares through centralized bidding and block trading, accounting for 1.18% of the total share capital of the company. Before the change in equity, Zhang Chengsuo held a stake of 10%; after the change, the stake decreased to 8.82%. This reduction is in accordance with the previously disclosed reduction plan, does not involve a tender offer, and is consistent with the plans and commitments disclosed by shareholders earlier. As of the date of the announcement, the reduction plan has not been fully implemented. This reduction will not result in a change in the controlling shareholder or actual controller of the company, nor will it have a significant impact on the company.