KaiShan Shares: The controlling shareholder KaiShan Holdings plans to reduce their holdings by no more than 1%.

Open Mountain Holdings announced that its controlling shareholder, Open Mountain Holdings Group Co., Ltd., holds 566 million shares, accounting for 56.98%. It plans to reduce its holdings by no more than 9.9363 million shares, or less than 1%, through centralized bidding or block trading from December 12, 2025 to March 11, 2026. The shares to be reduced were issued before the company's initial public offering, and the funds raised will be used for the company's operations and the funding needs of the Kenyan green ammonia fertilizer project construction process.