Siquan New Materials announced that Wu Pan, the shareholder, director and vice president of more than 5% of the shares, holds 5.7781 million shares, accounting for 7.1552%. From January 29, 2026 to April 28, 2026, it is planned to reduce holdings by no more than 1.444,500 shares through centralized bidding or bulk transactions, accounting for 1.7888%. Among them, centralized bidding will reduce holdings by no more than 1% of the company's total share capital, and the reduced holding price will not be lower than the initial public offering price.

Siquan New Materials announced that Wu Pan, the shareholder, director and vice president of more than 5% of the shares, holds 5.7781 million shares, accounting for 7.1552%. From January 29, 2026 to April 28, 2026, it is planned to reduce holdings by no more than 1.444,500 shares through centralized bidding or bulk transactions, accounting for 1.7888%. Among them, centralized bidding will reduce holdings by no more than 1% of the company's total share capital, and the reduced holding price will not be lower than the initial public offering price.