Gaoming New Materials: Two executives plan to collectively reduce their holdings by no more than 0.044% of the shares.

Gaomei Xincai announcement, General Manager Chen Dengyu plans to reduce the number of shares held through centralized bidding by no more than 151,200 shares, accounting for 0.04% of the company's total share capital; Deputy General Manager He Changsheng plans to reduce the number of shares held through centralized bidding by no more than 16,250 shares, accounting for 0.004% of the company's total share capital. The above-mentioned share reduction will be carried out within 3 months after 15 trading days from the date of this announcement. The reason for the reduction is the shareholders' own financial needs and arrangements.