According to the Joint Water Affairs announcement, the controlling shareholders, Shanghai Hengshen, Shanghai Hengtai, Shanghai Hengtong, and Shanghai Henglian, shareholders holding 5% or more of the shares, plan to reduce their total holdings of the company by no more than 4.264,500 shares through centralized bidding, accounting for 1.0076% of the company's total share capital. Among them, Shanghai Hengshen plans to reduce its holdings by no more than 2.798,200 shares, accounting for 0.6612%; Shanghai Hengtai plans to reduce its holdings by no more than 887,300 shares, accounting for 0.2073%; Shanghai Hengtong plans to reduce its holdings by no more than 439,000 shares, accounting for 0.1037%; and Shanghai Henglian plans to reduce its holdings by no more than 150,000 shares, accounting for 0.0354%. The holdings reduction period is from October 26, 2026 to January 25, 2027. The reason for the reduction in holdings was due to employee retirement or own financial needs.

According to the Joint Water Affairs announcement, the controlling shareholders, Shanghai Hengshen, Shanghai Hengtai, Shanghai Hengtong, and Shanghai Henglian, shareholders holding 5% or more of the shares, plan to reduce their total holdings of the company by no more than 4.264,500 shares through centralized bidding, accounting for 1.0076% of the company's total share capital. Among them, Shanghai Hengshen plans to reduce its holdings by no more than 2.798,200 shares, accounting for 0.6612%; Shanghai Hengtai plans to reduce its holdings by no more than 887,300 shares, accounting for 0.2073%; Shanghai Hengtong plans to reduce its holdings by no more than 439,000 shares, accounting for 0.1037%; and Shanghai Henglian plans to reduce its holdings by no more than 150,000 shares, accounting for 0.0354%. The holdings reduction period is from October 26, 2026 to January 25, 2027. The reason for the reduction in holdings was due to employee retirement or own financial needs.