Korui Equipment: The employee strategic placement asset management plan proposes to reduce its shareholding by no more than 1.48%.

Koli Equipment announced that shareholders Changjiang Securities Asset Management-Agricultural Bank-Changjiang Asset Management Xingyao Koli Automobile Employees participate in the GEM strategic placement collective asset management plan through block trading or centralized bidding to reduce their holdings by no more than 1.4133 million shares, accounting for 1.48% of the company's total share capital. The reduction is due to the holders' own capital needs. The reduction period is within 3 months after the disclosure date of the announcement, starting from 15 trading days later.