Resource Golden Wheel: Shareholders holding more than 5% of the shares intend to reduce their shares by no more than 3%.

The announcement of Wuchan Golden Wheel states that the shareholder Nanjing Golden Wheel Holdings Co., Ltd., with a 7.87% stake, plans to reduce its holdings by a total of no more than 6,649,575 shares, which is not more than 3% of the total share capital of the company, through centralized bidding and block trading from June 12 to September 11, 2026. The reason for the reduction is for its own operational needs, and the shares are sourced from those acquired before the initial public offering. This reduction plan does not violate any relevant commitments or regulations, will not result in a change of control of the company, and will not affect the company's governance structure and continuous operation.