Shengyi Technology: Three senior executives plan to reduce their shareholdings by 0.0238%, 0.0091%, and 0.0286% respectively.

Shengyi Technology Announcement: Due to personal fund needs, the General Manager Zeng Honghui, the Secretary of the Board of Directors Tang Fuyun, and the Chief Engineer Zeng Yaode plan to reduce their holdings through centralized auction trading within 3 months after the disclosure of this announcement, starting from 15 trading days after the disclosure date, with amounts not exceeding 577,000 shares, 220,000 shares, and 693,700 shares, respectively, accounting for 0.0238%, 0.0091%, and 0.0286% of the total share capital of the company. The selling price will be determined based on the market price.