Wanhe Electric announced that Guangdong Wanhe Group Co., Ltd., the indirect controlling shareholder of the company, plans to reduce its holdings of the company's shares by no more than 7.4151 million shares through centralized bidding transactions between September 3, 2025 and December 2, 2025, accounting for 1% of the company's total share capital. As of December 2, 2025, Wanhe Group has not implemented any holdings reduction, and the share reduction plan has expired and automatically terminated. Wanhe Group directly held 58.236 million shares of the company, accounting for 7.8537% of the company's total share capital. The implementation of this shareholding reduction plan will not lead to changes in the company's control, nor will it have a significant impact on the company's governance structure, equity structure, and future continuous production and operation.

Wanhe Electric announced that Guangdong Wanhe Group Co., Ltd., the indirect controlling shareholder of the company, plans to reduce its holdings of the company's shares by no more than 7.4151 million shares through centralized bidding transactions between September 3, 2025 and December 2, 2025, accounting for 1% of the company's total share capital. As of December 2, 2025, Wanhe Group has not implemented any holdings reduction, and the share reduction plan has expired and automatically terminated. Wanhe Group directly held 58.236 million shares of the company, accounting for 7.8537% of the company's total share capital. The implementation of this shareholding reduction plan will not lead to changes in the company's control, nor will it have a significant impact on the company's governance structure, equity structure, and future continuous production and operation.