Bai Chuan Energy: The controlling shareholder and its concerted parties reduced their holdings, resulting in a change in equity exceeding 5%.

Baichuan Energy announced that from January 30 to February 4, 2026, the controlling shareholder Langfang Baichuan Asset Management Co., Ltd. reduced its holdings of the company's shares by 9.8141 million shares through centralized bidding and block trades, accounting for 0.73% of the total share capital. After this equity change, the total shareholding proportion of Baichuan Asset Management and its concerted action parties decreased from 50.73% to 50.00%, reaching a multiple of the integer scale of 5%. This equity change does not involve a tender offer and will not result in changes to the company's controlling shareholder or actual controller.