Meixin Wings Announces: Shareholder Zongshen Power Intends to Reduce Stake by no More than 2%

MEXIN WING Announcement: Chongqing Zongshen Power Machinery Co., Ltd., a shareholder holding more than 5% of the shares, holds 12.86 million shares, accounting for 15.6144%. It plans to reduce its shareholding by no more than 1.6472 million shares, or 2%, through centralized bidding within 3 months after the disclosure date, with the source of the shares obtained before the listing on the North Exchange, for the operational management needs of the investor.