DaDi Electric: Shareholder Nantong Kanda plans to reduce its stake by no more than 1.5001%.

Earth Electric announcement: Shareholder Nantong Kanda Investment Consulting Center holds 8.849 million shares, accounting for 9.3664% of the shares. They plan to reduce their holding by no more than 1.4172 million shares, accounting for 1.5001% through centralized bidding or bulk trading within 3 months after the date of this announcement. The shares were obtained before listing on the North Exchange, the reason for the reduction is their own capital needs.