Southern Mining Group: Director's share reduction plan has expired without reducing the company's shares.

NanKuang Group announced that the company's director and executive vice president, Gong Youliang, originally planned to reduce his holdings by no more than 2.0172 million shares through centralized bidding from March 9, 2026 to June 8, 2026. As of the disclosure date of the announcement, the reduction plan period has expired, and Gong Youliang did not reduce his holdings in the company. Before and after the reduction, he holds 23.2207 million shares, accounting for 11.51% of the total share capital excluding the repurchased shares. This reduction plan complies with relevant regulations, is not in violation, and will not affect the company's governance structure and continuous operation, nor will it lead to a change in control.