Jiangsu Shentong: The ultimate controller and persons acting in concert have increased their shareholdings, holding 20% of the shares.

Jiangsu Shentong announced that Jinxi Heavy Industries indirectly controlled by Han Jingyuan, the actual controlling shareholder and chairman Han Li's father, increased the company's shares by 4.0535 million shares on December 2, 2025, accounting for 0.7987% of the total shares. They also plan to increase by 100 million to 150 million yuan within the next 6 months. From December 11th to 23rd, Jinxi Heavy Industries further increased by 5.0755 million shares, accounting for 1%. After this change in equity, Jinxi Heavy Industries holds 9.129 million shares, accounting for 1.7987%; together with the concerted action parties, they collectively hold 102 million shares, accounting for 20%, reaching a multiple of 5%, and the increase plan has not been completed.