Sine Electric: The actual controller and concerted actor jointly reduced their holdings, leading to a change in equity that reached 1%.

Sine Electric announced that from April 28 to April 30, 2026, one of the controlling shareholders, Ningbo Xin Zhi Qu Yuan Enterprise Management Partnership Enterprise, will reduce its holdings by 771,807 shares through centralized bidding, accounting for 0.89% of the company's total share capital. The total shareholding of the controlling shareholder and concerted parties will decrease from 33.79% to 32.90%, crossing the 1% threshold. This reduction is part of a previously planned action, does not trigger a tender offer, will not result in a change of control, and the reduction plan has not yet been completed.