Xinling Electric: Shareholder Zhang Pengchun plans to reduce his holdings by no more than 0.4%.

Qinling Electric announced that the director and general manager Zhang Pengchun, who holds 5.51% of the company's shares, plans to reduce his holdings by no more than 414,000 shares within three months after the announcement date, accounting for no more than 0.4% of the total share capital of the company. The reduction method includes centralized bidding or block trading, with the reduction price not lower than the issuance price, and the specific reduction quantity will be adjusted according to market conditions. This reduction is planned due to personal financial needs, in compliance with relevant laws, regulations, and company regulations, and will not affect the company's control rights or governance structure. Zhang Pengchun's previously disclosed shareholding intentions and commitments remain consistent.