Mr. Gong Youliang, a director and executive vice president, guarantees that the information provided to the company is true, accurate, and complete, without false records, misleading statements, or significant omissions. The company and all board members ensure that the announcement content is consistent with the information disclosed by the obligated party.
Special Reminder: Mr. Gong Youliang, who holds 23,220,688 shares of Nanchang Mining Machinery Group Co., Ltd. (accounting for 11.51% of the company's total share capital, excluding repurchased shares of 2,284,000), plans to reduce his holdings by no more than 2,017,160 shares (accounting for 1.00% of the company's total share capital) through centralized bidding within three months starting from 15 trading days after the announcement (i.e., from March 9, 2026, to June 8, 2026).
The company recently received a "Share Reduction Plan Notification Letter" from Mr. Gong Youliang, who intends to reduce part of his holdings. The relevant details are announced as follows:
1. Basic Information of the Shareholder
| No. | Shareholder Name | Position | Number of Shares Held | Percentage of Total Shares (after excluding repurchased shares) |
|---|---|---|---|---|
| 1 | Gong Youliang | Director, Executive Vice President | 23,220,688 | 11.51% |
2. Main Content of the Share Reduction Plan
(1) Shareholder: Gong Youliang
- Source of Shares to be Reduced: Shares issued before the company's initial public offering.
- Number and Proportion of Shares to be Reduced: Up to 2,017,160 shares (1.00% of the company's total share capital) through centralized bidding. The number of shares to be reduced does not exceed 25% of his total holdings.
- Reduction Period: Within three months starting from 15 trading days after the announcement (i.e., from March 9, 2026, to June 8, 2026). The specific reduction timing will comply with insider information management regulations and share-related commitments. If a legal window period occurs during the reduction period, the reduction will not be implemented.
- Method of Reduction: Centralized bidding transaction.
- Reduction Price: Determined by the market price at the time of reduction, not lower than the issue price at the time of the initial public offering (the price will be adjusted accordingly if the company undergoes ex-rights or ex-dividend events).
- Reason for Reduction: Personal funding needs.
- If the company implements stock distribution, capital reserve conversion to share capital, or other capital changes during the planned reduction period, the number of shares planned for reduction will be adjusted accordingly.