Southern Mining Group: Director Gong Youliang intends to reduce holdings by 1%

Notice from Nan Kuang Group: Director and Executive Vice President Gong Youliang holds 23,220,700 shares, accounting for 11.51% of the total shares. He plans to reduce his holdings by no more than 2,017,200 shares, or 1.00% of the total shares, through centralized bidding between March 9, 2026 and June 8, 2026. The source of the shares to be sold is the shares issued before the company's initial public offering. The selling price shall not be lower than 15.38 yuan per share, adjusted to 15.16 yuan per share after the equity distribution for the year 2023, and to 15.01 yuan per share after the equity distribution for the year 2024.