Securities Code: 301031 Securities Abbreviation: Zhongrong Electric Announcement No.: 2026-056 Xi'an Zhongrong Electric Co., Ltd. Announcement on the Completion of Share Reduction Plan by Shareholder, Director, and Senior Management Holding Over 5%
Mr. Shi Xiaoguang, a shareholder holding over 5% of shares, director, and deputy general manager, guarantees that the information provided to this company is true, accurate, and complete, with no false records, misleading statements, or material omissions. The company and all members of the board of directors guarantee that the content of this announcement is consistent with the information provided by the information disclosure obligor.
Special Reminder: Xi'an Zhongrong Electric Co., Ltd. (hereinafter referred to as "the Company" or "Zhongrong Electric") disclosed the "Announcement on the Pre-disclosure of the Share Reduction Plan for Shareholders, Directors, and Senior Management Holding Over 5% of Shares" (Announcement No.: 2026-015) on the Juchao Information Network (www.cninfo.com.cn) on March 12, 2026. Mr. Shi Xiaoguang, a shareholder holding over 5% of shares, director, and deputy general manager, holding 5,859,922 shares (accounting for 5.93% of the company's total share capital), planned to reduce his shares through centralized bidding or block trading within three months from the date of this announcement, with the number of shares reduced not exceeding 700,000, which is no more than 0.7082% of the company's total share capital. (If the number of shares held changes due to company dividends, bonus shares, or capital reserve to increase share capital during the reduction period, the number of shares to be reduced will be adjusted accordingly). The Company recently received a "Letter of Notification on the Completion of the Share Reduction Plan" from Mr. Shi Xiaoguang. As of May 29, 2026, Mr. Shi Xiaoguang has completed the implementation of the share reduction plan. In accordance with the "Several Regulations on the Reduction of Shares by Shareholders, Directors, Supervisors, and Senior Management of Listed Companies" and the "Implementation Rules for the Reduction of Shares by Shareholders, Directors, Supervisors, and Senior Management of Listed Companies of the Shenzhen Stock Exchange," the situation of the completion of the share reduction plan is hereby announced as follows: