Core Equipment: The Employee Strategic Placement Asset Management Plan plans to reduce its holdings by no more than 2.45% of shares.

Koli Equipment announced on the evening of August 12th that the shareholder of the company, Changjiang Securities Asset Management - Agricultural Bank - Changjiang Asset Management Xingyao Koli Automobile Staff, plans to reduce its holdings of the company's shares by no more than 2.45% through block trading or centralized bidding, totaling 2.3333 million shares. The employee strategic placement asset management plan was established by senior management and key employees to participate in the strategic placement when the company first went public.