Shanghai Electrics: Shareholders plan to reduce their holdings of the company's shares by no more than 12 million shares.

Shanghai Electric Corporation announced that its shareholder Shanghai Shikong Holdings, holding more than 5% of the company's shares, plans to reduce its shareholding by no more than 12 million shares through centralized bidding trading within three months after the disclosure of the announcement, accounting for no more than 0.625% of the total share capital of the company. The reason for the reduction is for its own capital needs, and the reduction will be conducted through centralized bidding trading, with the reduction price range determined by market prices.