Announcement on the Completion of Share Reduction Plan by Shareholder

Zhuhai Yingboer Electric Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Pre-disclosure Announcement on Shareholder Share Reduction" (Announcement No. 2026-004) on January 7, 2026. The announcement revealed that the Company's shareholder, director, and deputy general manager Mr. Li Hongyu planned to reduce his holdings of no more than 4,000,000 shares, or 1.31% of the total share capital, within three months after 15 trading days from the date of the announcement, through centralized bidding and block trades. Recently, the Company received a notification letter from Mr. Li Hongyu, stating that as of the date of this announcement, he had cumulatively reduced his holdings through block trades by 2,453,500 shares, accounting for 0.8017% of the current total share capital; and through centralized bidding by 1,546,427 shares, accounting for 0.5053% of the current total share capital. In total, he reduced his holdings by 3,999,927 shares, accounting for 1.3069% of the current total share capital, and the share reduction plan has been completed. The specific situation is as follows: