Stock Code: 002300 Stock Abbreviation: Taiyang Cable Announcement Number: 2026-008 Fujian Nanping Taiyang Cable Co., Ltd. Announcement on Shareholding Reduction by Shareholder Exceeding 5% Reaching a 1% Multiple Fujian Yili Group Co., Ltd. guarantees that the information provided to this company is true, accurate, and complete, and contains no false records, misleading statements, or material omissions. This company and all members of the board of directors guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligor.
I. Basic Situation of Equity Change
Fujian Nanping Taiyang Cable Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on Pre-disclosure of Shareholding Reduction by Shareholder Holding More Than 5%" (Announcement Number: 2026-006) on January 27, 2026. Fujian Yili Group Co., Ltd. (hereinafter referred to as "Yili Group"), a shareholder holding more than 5% of the Company's shares, planned to reduce its shares by no more than 21,670,011 shares (accounting for 3% of the Company's total share capital) through centralized bidding and block trading within three months from 15 trading days after the announcement date (February 25, 2026, to May 24, 2026). Among them, the total number of shares reduced through centralized bidding shall not exceed 1% of the Company's total share capital. Recently, the Company received a "Notice on the Proportion of Shareholding Reduction by Taiyang Cable Reaching a 1% Multiple" from Yili Group. As of March 4, 2026, Yili Group had cumulatively reduced its shareholding in the Company by 3,800,000 shares through centralized bidding, accounting for 0.52% of the Company's total share capital. Before this reduction, Yili Group held 13.36% of the Company's shares. After this reduction, Yili Group holds 12.84% of the Company's shares, and the equity change has reached a 1% multiple. The specific situation is hereby announced as follows: