China Electric Motors: The proportion of 5% or more shareholders and their concerted action parties' equity has decreased to 24%.

Zhongdian Electric Machine announced that on December 24, 2025, shareholder Wang Jiankai reduced his holdings by 2.352 million shares through block trading, accounting for 1% of the total share capital. After this reduction, Wang Jiankai and his concerted action person Wang Jianyu collectively held 56.447926 million shares, decreasing their ownership from 25% to 24%. This change is part of the implementation of a reduction plan, does not involve a tender offer, does not violate any relevant commitments, and will not result in changes in the controlling shareholder or the actual controller. Wang Jiankai's reduction plan has not been fully implemented, and the company will continue to monitor the progress.