Eastern Materials: Changes in Shareholder's Equity

Announcement from Oriental Materials: The company's controlling shareholder and actual controller, Mr. Xu Guangbin, has 12 million unrestricted tradable shares of the company auctioned by the judiciary, accounting for 52.36% of his holdings and 5.96% of the total share capital of the company. After this change, Mr. Xu Guangbin's shareholding ratio will decrease from 11.39% to 5.43%, and Jiangsu Terliang New Materials Technology Co., Ltd.'s shareholding ratio will increase from 0% to 5.96%, becoming the second largest shareholder of the company. After this change, the company's largest shareholder will be Zhu Junfei, with a shareholding ratio of 8.84%.