Shijiazhuang Shangtai Technology (001301.SZ) intend to reduce their total shareholding by no more than 1.75%.

Shijiazhuang Shangtai Technology (001301.SZ) announced that the shareholder Changjiang Chendao (Hubei) New Energy Industry Investment Partnership Enterprise ("Changjiang Chendao") plans to reduce its holdings of the company by no more than 2.6096 million shares (less than 1% of the total share capital) through block trading within 3 months after 15 trading days from the disclosure date of this announcement (excluding the period during which the China Securities Regulatory Commission or Shenzhen Stock Exchange prohibits reduction). In addition, Shareholders holding more than 5% of the total shares, Shenzhen China Merchants Langyao Growth Equity Investment Fund Partnership Enterprise (Limited Partnership) (hereinafter referred to as "China Merchants Langyao") and its concerted action Zhou Yi No. 3 investment (Shenzhen) Partnership Enterprise (Limited Partnership) (hereinafter referred to as "China Merchants Yi No. 3") plan to reduce their holdings of the company by no more than 1.9572 million shares (less than 0.75% of the total share capital) through centralized bidding or block trading within 3 months after 15 trading days from the disclosure date of this announcement (excluding the period during which the China Securities Regulatory Commission or Shenzhen Stock Exchange prohibits reduction).