[Xingye Shares: Shareholder Wang Wenhao Reduced His Holdings During Abnormal Stock Price Fluctuations] Xingye Shares issued an abnormal stock price fluctuation announcement, stating that the company's stock price deviated by a cumulative 20% over two consecutive trading days, June 26 and June 29, 2026, which constitutes an abnormal stock price fluctuation according to the relevant provisions of the "Shanghai Stock Exchange Stock Trading Rules". The company disclosed the "Shareholder Reduction Plan Announcement" on June 4 and June 23, 2026, and the "Announcement on Adjusting the Number of Shares to be Reduced in the Share Reduction Plan", respectively. Mr. Wang Wenhao, a person acting in concert with the company's controlling shareholder and actual controller, planned to reduce his holdings of the company's shares by no more than 3,407,040 shares within three months after 15 trading days from the date of the above announcements, through centralized bidding and/or block trading. During this period of abnormal stock price fluctuations, Mr. Wang Wenhao reduced his holdings of the company's shares. This reduction was consistent with the previously disclosed reduction plan and did not constitute a violation of regulations.
