Hushun Electric: Shareholders holding more than 5% of the shares intend to collectively reduce their holdings by no more than 3.5%.

Heshun Electric announced that its shareholder, Yao Jianhua, who holds 23.48% of the shares, and his concerted action person Qin Yong, plan to reduce their holdings by no more than 2.5784 million shares through centralized bidding trading within 3 months after the announcement disclosure date, which is no more than 1% of the total share capital; shareholder Shen Xin, who holds 7.40% of the shares, plans to reduce their holdings by no more than 6.4461 million shares through centralized bidding and block trading within the same period, which is no more than 2.5% of the total share capital. This reduction may be affected by the market and stock price, and will not result in a change in control.