ShaoNeng Group: Shenzhen Zhaowei has reduced its holding of 31.444 million shares, and the reduction plan has been completed.

ShaoNeng shares announcement, the company's shareholder Shenzhen Zhaowei Hengfa Energy Co., Ltd., holding more than 5% of the shares, will reduce the company's shares by 31.444 million shares through block trading and centralized bidding trading from June 13, 2025 to September 12, 2025, accounting for 3.00% of the share capital excluding the shares repurchased by the company and 2.91% of the total share capital of the company. After the reduction, Shenzhen Zhaowei's shareholding in the company decreased from 13.11% to 10.20%, triggering a change by a multiple of 1%. The source of this reduction in shares is from shares obtained through agreement transfer.