Jiang Yan Group: Shareholders holding more than 5% of the shares reduce their shareholding by 1%.

Jiangyan Group announced that shareholder Ningbo Xinda Hanshi Longji Equity Investment Partnership Enterprise will reduce its holdings of the company by 6,427,700 shares through centralized bidding trading on March 9 - 10, 2026, accounting for 1% of the total share capital. After the change in equity, its shareholding percentage will decrease from 13.13% to 12.13%. This change in equity will not result in a change in the controlling shareholder or the actual controller, and will not trigger a mandatory takeover offer. As of the announcement date, the shareholder's share reduction plan has not been completed.