0.7119%0.1526% Zhongrong Electric: Shareholders Shi Xiaoguang and Wang Wei plan to reduce their holdings by 0.7119% and 0.1526% respectively.

Announcement from Zhongrong Electric: Shareholders, directors, and deputy general manager Shi Xiaoguang, holding more than 5% of the shares, own 5.8599 million shares, accounting for 5.96%. It is planned to reduce the holdings by no more than 700,000 shares, or 0.7119%, through centralized bidding or block trading within 3 months after the disclosure date of this announcement, starting from 15 trading days later. Director Wang Wei holds 3.1056 million shares, accounting for 3.16%, and plans to reduce the holdings by no more than 150,000 shares, or 0.1526% during the same period. The reduction price shall not be lower than the issuance price of the initial public offering of shares.