Announcement on the Completion of Shareholder Reduction Plan Implementation

Hubei Heyuan Gas Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Pre-disclosure Announcement on Shareholder Share Reduction" (Announcement No.: 2026-008) on March 3, 2025. Shareholder Hubei Baishide Entrepreneurship Service Co., Ltd. (hereinafter referred to as "Baishide Entrepreneurship") planned to reduce its shareholding in the Company by no more than 455,273 shares through centralized bidding and no more than 910,546 shares through block trading, totaling a reduction of no more than 0.6449% of the Company's total shares from March 25, 2026, to June 22, 2026. Recently, the Company received a notice from Baishide Entrepreneurship stating that as of June 4, 2026, it had reduced its holdings by 1,365,200 shares, accounting for 0.6447% of the total share capital. In accordance with the "Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies" and the "Self-Regulatory Guidelines No. 18 for Listed Companies on the Shenzhen Stock Exchange - Share Reduction by Shareholders, Directors, and Senior Management," the specific circumstances are announced as follows:

1. Shareholder Reduction Situation

1.1 Share Reduction Details Table 1: Centralized Bidding Trading Reduction Details