Ningbo Jingda: Several shareholders and directors have completed their reduction plan.

Ningbo Jingda announced that as of March 5, Director Zheng Gong reduced his holdings by 2.1778 million shares through centralized bidding, accounting for 0.43% of the total share capital, with a total reduction amount of 21.5334 million yuan, and the current shareholding ratio decreased to 1.90%; shareholder Xu Jianfen reduced his holdings by 1.2188 million shares through centralized bidding, accounting for 0.24%, with a total reduction amount of 13.1448 million yuan, and the current shareholding ratio decreased to 0%; Guangda Investment reduced its holdings by a total of 6.2018 million shares through centralized bidding and block trades, accounting for 1.23%, with a total reduction amount of 68.671 million yuan, and the current shareholding ratio decreased to 2.77%; Jingwei Investment reduced its holdings by a total of 5.4731 million shares through centralized bidding and block trades, accounting for 1.09%, with a total reduction amount of 60.6691 million yuan, and the current shareholding ratio decreased to 2.44%. The above reduction plans have all been completed.