Wuhan Jingce Electronic Group Co., Ltd. (hereinafter referred to as "the Company") disclosed on February 4, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn) the pre-disclosure announcement regarding the share reduction plan by specific shareholders, directors, and senior management (Announcement No.: 2026-014).
The shareholder Wuhan Jingzhi Investment Center (Limited Partnership) (hereinafter referred to as "Wuhan Jingzhi"), holding 2,958,691 shares (accounting for 1.06% of the total share capital), planned to reduce its holdings by no more than 0.28% of the total share capital, which is 778,393 shares. Mr. Liu Binghua, a shareholder, director, and deputy general manager, holding 41,600 shares (accounting for 0.0149% of the total share capital), planned to reduce his holdings by no more than 0.0037% of the total share capital, which is 10,400 shares. Ms. You Lijuan, a shareholder and financial officer, holding 49,194 shares (accounting for 0.0176% of the total share capital), planned to reduce her holdings by no more than 0.0044% of the total share capital, which is 12,299 shares.
Recently, the Company received notifications from Wuhan Jingzhi, Mr. Liu Binghua, and Ms. You Lijuan regarding the share reductions. As of the date of this announcement, Wuhan Jingzhi reduced its holdings by 778,390 shares through centralized bidding transactions from May 25 to May 26, 2026, accounting for 0.2782% of the total share capital. Mr. Liu Binghua reduced his holdings by 10,400 shares on May 25, 2026, accounting for 0.0037% of the total share capital. Ms. You Lijuan reduced her holdings by 12,299 shares on May 25, 2026, accounting for 0.0044% of the total share capital.
According to the relevant provisions of the Shenzhen Stock Exchange's Growth Enterprise Market Listing Rules and the Self-Regulatory Guidelines for Listed Companies No. 18 regarding the reduction of shares by shareholders, directors, and senior management, the progress of the share reduction plan is disclosed as follows: