Shenghe Resources: Shareholder Wang Quangen plans to reduce holdings by no more than 1%.

Announcement of Shenghe Resources: Shareholder Wang Quangen currently holds 117 million shares, accounting for 6.69% of the total. It is planned that within 3 months after the disclosure, through a centralized bidding on the Shanghai Stock Exchange, he will reduce his holdings by no more than 17.5283 million shares, not exceeding 1% of the total share capital of the company. The reduction period is from March 24, 2026 to June 24, 2026, and the reduction price will be determined based on market conditions.