Zhejiang Sanhua Intelligent Controls (02050) the actual controller, some directors, and senior executives have completed their reduction plan.

Zhejiang Sanhua Intelligent Controls (02050) announced that recently, the company received a notification letter on the implementation of the reduction plan from Mr. Zhang Yabo, Mr. Wang Dayong, Mr. Ni Xiaoming, Mr. Hu Kaicheng, and Mr. Yu Yingkui. As of the date of this announcement, the above-mentioned individuals have completed the reduction plan, reducing a total of approximately 10.09 million shares, and will not reduce any further during the remaining reduction plan period. The company also received a notification letter from Mr. Chen Yuzhong stating that he has decided to terminate the reduction plan early. He did not carry out any reduction operations during the reduction period, and the 104,187 shares that were not reduced will no longer be reduced during the remaining reduction plan period.