Lixing Investment: Three senior executives plan to reduce their shareholding by 0.30%, 0.22%, and 0.22% respectively.

Lixing Corporation Announcement: Directors, Vice General Manager, and Chief Engineer Zhao Gaoming plan to reduce their holdings by no more than 880,000 shares, accounting for 0.30% of the total share capital of the company; Director and Vice General Manager Tang Guohua plan to reduce their holdings by no more than 650,000 shares, accounting for 0.22% of the total share capital of the company; Assistant General Manager Sha Xiaojian plans to reduce their holdings by no more than 650,000 shares, accounting for 0.22% of the total share capital of the company. The reduction will be carried out through centralized competitive trading from July 9, 2025 to October 8, 2025. The reason for the reduction is personal fund needs.