Wanglang Magnetics: The controlling shareholder Shigan Zhong and the concerted action person plan to reduce their holdings by no more than 3%.

Notice from Wanlang Magnetic: The controlling shareholder Shi Ganzhong and the concerted action person hold 31.9666 million shares, accounting for 37.40%. It is planned to reduce the holdings by a total of 2.5645 million shares during the period from January 21, 2026 to April 20, 2026, 15 trading days after the disclosure date of this announcement, with a concentration of bidding not exceeding 0.8548 million shares and a block trade not exceeding 1.7097 million shares, with a total reduction ratio not exceeding 3.00%. The source of shares is obtained before the IPO, and the reason for the reduction is the demand for self-funds.