Morning Chemistry Group: Shareholders Yang Sixue, Xu Changsheng, and their concerted action person Xu Changjun reduce their holdings by 1.1678%.

Morning Chemical Co., Ltd. announced that shareholders Yang Sixue, Xu Changsheng, and their concerted action maker Xu Changjun plan to reduce their holdings of the company's shares through centralized bidding trading due to personal funding needs. Yang Sixue plans to reduce his holdings by no more than 1.5 million shares, accounting for 0.6976% of the total share capital of the company; Xu Changsheng and his concerted action maker Xu Changjun plan to reduce their holdings by no more than 2.03 million shares, accounting for 0.9442% of the total share capital of the company. As of the announcement date, Yang Sixue has already reduced his holdings by 670,000 shares, accounting for 0.3116% of the total share capital of the company; Xu Changsheng and his concerted action maker Xu Changjun have reduced their holdings by 1.4109 million shares, accounting for 0.6562% of the total share capital of the company; Xu Changjun has reduced his holdings by 430,000 shares, accounting for 0.2% of the total share capital of the company. The time for this reduction plan has expired, with a total reduction of 2.5109 million shares, accounting for 1.1678% of the total share capital of the company. After the reduction, Yang Sixue's shareholding ratio decreased to 3.5947% and Xu Changsheng and his concerted action maker Xu Changjun's shareholding ratio decreased to 4.0717%.