Zhongrong Electric: Shareholders Shi Xiaoguang and Wang Wei plan to reduce their holdings by 0.7119% and 0.1526%, respectively.

Zhongrong Electric announced that shareholder, director, and vice president Shi Xiaoguang, holding 5% or more of shares, has 5.8599 million shares, accounting for 5.96%. He plans to reduce his holdings by no more than 700,000 shares, accounting for 0.7119%, within 3 months after 15 trading days from the date of this announcement, through centralized bidding or block trading. Director Wang Wei holds 3.1056 million shares, accounting for 3.16%, and plans to reduce his holdings by no more than 150,000 shares, accounting for 0.1526%, during the same period. The reduction price will not be lower than the issuance price of the initial public offering of shares.