TJCD (02515) major shareholder Wang Wenbin intends to reduce his shareholding by not more than 71.988 million shares.

TJCD(02515) announced that the company has been informed by its controlling shareholder, Mr. Wang Wenbin, of his plan to sell a certain amount of the company's shares through his holding company, Sheng Yuan Holding (Tianjin) Co., Ltd. (SHENG YUAN HLDG), before April 30, 2026 (the proposed sale). However, this must comply with the percentage restrictions under the applicable laws of the People's Republic of China. The total number of shares to be sold by SHENG YUAN HLDG through block trades must not exceed 71.988 million shares, representing approximately 27.80% of the total number of shares issued by the company as of the date of this announcement. The company has been informed that assuming the number of issued shares remains unchanged as of the completion of the proposed sale, Mr. Wang will still be the beneficial owner of 85.5089 million shares, representing approximately 33.02% of the issued shares. He will also remain one of the company's controlling shareholders (as defined in the listing rules). The proposed sale will not result in any changes to the controlling shareholders.