Yuanxin Industry: The controlling shareholder and its concerted action persons have their shareholding diluted passively due to the convertible bonds being converted into shares.

Yuanxin Industry announced that on March 18, 2026, due to the conversion of the company's convertible bonds into shares leading to an increase in the total share capital, the actual controller Chen Shaojun, Zhang Xinxia, and their acting in concert parties Yuanwei Technology and Yuanqi Investment maintain the same total number of shares but the proportion has passively diluted from 62.51% to 61.90%, reaching a whole number multiple of 1%. This change in equity did not involve the reduction of shares, with a reduction ratio of 0.62%, and there is no violation of related regulations or restricted voting rights shares.