Asia Potash International: Zhongnong Group plans to reduce its holdings by no more than 1%.

Asia Potash International Announcement: Zhongnong Group holds 98.7112 million shares of the company, accounting for 10.81% of the total share capital of the company; it plans to reduce its holdings by no more than 9.1351 million shares within 3 months from the date of this announcement through centralized bidding or block trades, not exceeding 1% of the total share capital of the company. The source of the reduction comes from non-publicly issued shares, and the reason for the reduction is due to operational needs. The reduction price will be determined based on market prices.