Established New Energy: Shareholders owning more than 5% of the shares have completed a plan to reduce their holding by 1%.

The announcement by Lixin New Energy stated that Shandong Electric Construction, a shareholder with more than 5% of the shares, had previously planned to reduce its holdings of 9,333,333 shares of the company through centralized bidding trading within 3 months after the disclosure of the announcement on December 10, 2025, 15 trading days after the pre-disclosure announcement date. As of the disclosure date of the announcement, the reduction plan has been completed, with 9,333,300 shares actually reduced during the period from January 6 to 20, 2026, at an average price of 7.43 yuan/share. After the reduction, the shareholding ratio decreased to 4.6813%. This reduction will not affect the company's governance structure and control.