Rizhao Port: Shandong Energy plans to reduce its shareholding by no more than 3%

Announcement of Rizhao Port: Shareholder Shandong Energy Group Co., Ltd., holding more than 5% of the shares, plans to reduce its holdings of the company's shares through block trading and centralized auction from October 22, 2025 to January 21, 2026, not exceeding 92.2696 million shares, accounting for no more than 3% of the company's total share capital. As of the date of the announcement, Shandong Energy holds 168 million shares of Rizhao Port, accounting for 5.45% of the company's total share capital. Shandong Energy's concerted action company, Zibo Mining Group Co., Ltd., holds 1.3915 million shares of the company, accounting for 0.05% of the total share capital. Shandong Energy and Zibo Mining Group together hold 169 million shares of Rizhao Port, accounting for 5.5% of the company's total share capital. This reduction in holdings is for Shandong Energy's own operational needs and will not have a significant impact on the company's governance structure and future operations.