Shanghai Geoharbour Construction Group Co., Ltd. (605598.SH) controlling shareholder and the concerted action person voluntarily promise not to reduce their shareholding.

Shanghai Geoharbour Construction Group Co., Ltd. (605598.SH) announced that the company recently received a commitment letter from its controlling shareholder Shanghai Longwan Investment Holdings Co., Ltd. and its concerted actor, the company's general manager Xu Wang, regarding not reducing the company's shares during a specific period. The details are as follows: Based on their confidence in the company's future development prospects and high recognition of the company's long-term value, in order to promote the company's continuous, stable, and healthy development, enhance the confidence of investors, effectively protect the rights and interests of investors, and maintain the stability of the capital market, the company's controlling shareholder Shanghai Longwan Investment Holdings Co., Ltd. and its concerted actor, the company's general manager Xu Wang, voluntarily commit to not reducing the company's shares held directly by them through block trading or concentrated bid-offer trading in the secondary market for a period of 6 months starting from September 26, 2024 (the date of the first issuance of restricted shares to the public). The shares that increase during the above-mentioned commitment period due to bonus issues, capitalization of reserves, or rights issues will also adhere to the aforementioned commitment not to reduce them.