Zhuzhou Ouke Yi CNC Precision Tool Co., Ltd. Announcement on the Disclosure of Shareholder Equity Changes Reaching the 1% and 5% Thresholds and the Brief Report on Equity Change Disclosure and Share Reduction Results

Log in to the Sina Finance app, search for 【information disclosure】 to view the assessment tiers

Security code: 688308 Stock abbreviation: Oukeyi Announcement No.: 2026-007

Zhuzhou Oukeyi CNC Precision Cutting Tools Co., Ltd.

Regarding a change in shareholder rights that reaches the 1% and 5% thresholds and the disclosure

Summary Report on Changes in Shareholder Rights and Announcement on the Results of Reduced Shares

The board of directors of this company, all directors, and relevant shareholders guarantee that the contents of this announcement contain no false records, misleading statements, or material omissions, and assume legal responsibility under law for the truthfulness, accuracy, and completeness of the content.

The board of directors of this company and all directors hereby guarantee that the contents of this announcement are consistent with the information provided by the information disclosure obligor.

Key matters for attention:

● Basic information on the shareholder’s holdings

Before the implementation of this share reduction plan, the shareholder of Zhuzhou Oukeyi CNC Precision Cutting Tools Co., Ltd. (hereinafter referred to as the “Company”), Yueqing City Dehui Equity Investment Partnership (Limited Partnership) (hereinafter referred to as “Yueqing Dehui”), reduced its holding of the Company’s shares by 9,374,121 shares, accounting for 5.90% of the Company’s total share capital. The above shares are shares obtained prior to the Company’s initial public offering (including shares obtained after listing through capital reserve capitalization into share capital), and they are all unrestricted circulating shares.

● Results of the implementation of the share reduction plan

On February 12, 2026, the Company disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn) the “Announcement on the Share Reduction Plan of Shareholders.” Due to its own capital needs, Yueqing Dehui, a shareholder of the Company, planned to reduce the total number of shares it holds in the Company by no more than 1,580,000 shares through centralized bidding, i.e., no more than 1.00% of the Company’s total share capital. The reduction will be carried out within 3 months after 15 trading days from the date of disclosure of this announcement. For reductions made through centralized bidding transactions, within any consecutive 90 days, the total number of shares reduced shall not exceed 1% of the Company’s total share capital. Recently, the Company received the “Notice Letter on Changes in Share Reduction” issued by Yueqing Dehui. Yueqing Dehui has reduced 1,580,000 shares of the Company through centralized bidding, accounting for 1.00% of the Company’s total share capital, and this share reduction plan has been fully implemented. After this change in shareholder rights, the number of shares held by Yueqing Dehui decreased from 9,374,121 shares to 7,794,121 shares, and the proportion of the Company’s total share capital decreased from 5.90% to 4.91%.

● Circumstances of this change in shareholder rights

■

I. Circumstances of this change in shareholder rights

(A) Basic information on the information disclosure obligor and parties acting in concert

1. Category of identity

■

2. Information on the information disclosure obligor

■

(B) Basic circumstances of the change in shareholder rights reaching the 1% and 5% thresholds

Recently, the Company received the “Notice Letter on Changes in Share Reduction” issued by Yueqing Dehui, the information disclosure obligor. From March 16, 2026 to March 30, 2026, the information disclosure obligor reduced its holdings of the Company’s shares by 1,580,000 shares through centralized bidding transactions, accounting for 1.00% of the Company’s total share capital. After this change in shareholder rights, the number of shares held by Yueqing Dehui decreased from 9,374,121 shares to 7,794,121 shares, and the proportion of the Company’s total share capital decreased from 5.90% to 4.91%. The change in shareholder rights also simultaneously reached an integer multiple of the 1% and 5% thresholds, and the specific circumstances are as follows:

■

© Other explanations

1. This change in shareholder rights complies with relevant laws and regulations including the “Securities Law,” the “Administrative Measures for the Acquisition of Listed Companies,” the “Provisional Measures for the Administration of the Reduction of Shares by Shareholders of Listed Companies,” and the “Rules Governing the Listing of Stocks on the Shanghai Stock Exchange,” does not involve tender offer acquisition, and will not lead to any change in the Company’s controlling shareholder or actual controller.

2. This change in shareholder rights is the result of the controlling shareholder fulfilling the share reduction plan previously disclosed. For the specific contents of the share reduction plan, please refer to the relevant announcement disclosed by the Company on the Shanghai Stock Exchange website on February 12, 2026. This share reduction matter is consistent with the plan and undertakings previously disclosed by the information disclosure obligor.

3. This change in shareholder rights involves the information disclosure obligor’s disclosure of the “Summary Report on Changes in Shareholder Rights.” On the same day, the information disclosure obligor disclosed the “Oukeyi Summary Report on Changes in Shareholder Rights” on the Shanghai Stock Exchange website (www.sse.com.cn).

4. After this change in shareholder rights, the information disclosure obligor has completed this share reduction plan.

II. Basic information before the reduction by the reduction subject

■

The above reduction subject has no parties acting in concert.

III. Results of the implementation of the share reduction plan

(A) Shareholders’ share reduction plan implementation results disclosed due to the following matters:

The share reduction plan has been fully completed

■

(B) Whether this share reduction complies with relevant laws and regulations and the provisions of the exchange’s business rules √ Yes □ No

© Whether the actual share reduction is consistent with the share reduction plan and undertakings previously disclosed √ Yes □ No

(D) Whether the reduction time window has expired and whether no reduction was conducted □ Not conducted √ Conducted

(E) Whether the actual share reduction did not reach the minimum reduction quantity (proportion) under the share reduction plan □ Not reached √ Reached

(F) Whether the share reduction plan was terminated early □ Yes √ No

(G) Whether there are circumstances of violating the share reduction plan or other undertakings □ Yes √ No

This announcement is hereby made.

Board of Directors of Zhuzhou Oukeyi CNC Precision Cutting Tools Co., Ltd.

April 2, 2026

Security code: 688308 Stock abbreviation: Oukeyi

Zhuzhou Oukeyi CNC Precision Cutting Tools Co., Ltd.

Summary Report on Changes in Shareholder Rights

Name of the listed company: Zhuzhou Oukeyi CNC Precision Cutting Tools Co., Ltd.

Place of listing: Shanghai Stock Exchange

Stock abbreviation: Oukeyi

Stock code: 688308

Information disclosure obligor: Yueqing City Dehui Equity Investment Partnership (Limited Partnership)

Address: Industrial Zone, Furong Town, Yueqing City, Wenzhou, Zhejiang Province

Correspondence address: Industrial Zone, Furong Town, Yueqing City, Wenzhou, Zhejiang Province

Nature of the change in shareholding: Decrease in shares

Date of signing: April 2026

Declaration by the information disclosure obligor

I. The information disclosure obligor has prepared this summary report on changes in shareholder rights in accordance with relevant laws and regulations, including the “Company Law of the People’s Republic of China” (hereinafter referred to as the “Company Law”), the “Securities Law of the People’s Republic of China” (hereinafter referred to as the “Securities Law”), the “Administrative Measures for the Acquisition of Listed Companies” (hereinafter referred to as the “Acquisition Management Measures”), and the “Provisions on the Content and Format of Information Disclosure by Companies Offering Securities to the Public No. 15—Reports on Changes in Equity Interests” (hereinafter referred to as “Provisions No. 15”), among others.

II. The necessary authorizations and approvals for the information disclosure obligor to sign this report have been obtained. Its performance also does not violate any provisions in the articles of association or internal rules of the information disclosure obligor, or conflict with them.

III. Pursuant to the provisions of the “Company Law,” the “Securities Law,” the “Acquisition Management Measures,” and “Provisions No. 15,” this report has comprehensively disclosed the changes in shares that the information disclosure obligor holds in Oukeyi. As of the date of signing this report, except for the information disclosed in this report, the information disclosure obligor has not increased or decreased the shares it holds in Oukeyi through any other means.

IV. This change in shareholder rights is carried out based on the materials set forth in this report. Except for the information disclosure obligor, no person has been entrusted or authorized to provide information not set out in this report, nor to provide any explanation or clarification of this report.

V. The information disclosure obligor undertakes that this report contains no false records, misleading statements, or material omissions, and assumes individual and joint legal responsibility for its truthfulness, accuracy, and completeness.

First Section Definitions

In this report, unless otherwise specified, the following abbreviations have the meanings ascribed to them as follows:

■

Second Section Introduction to the information disclosure obligor

I. Basic information on the information disclosure obligor

■

II. Information on the key responsible personnel of the information disclosure obligor

■

III. The situation where the shares in other listed companies within or outside the PRC held by the information disclosure obligor are 5% or more of the issued shares of such company

As of the date of signing this report, the information disclosure obligor and its parties acting in concert do not have any situation where the shares they hold in other listed companies within or outside the PRC are 5% or more of the issued shares of such company.

Third Section Purpose of the change in shareholder rights and shareholding plan

I. Purpose of this change in shareholder rights

This change in shareholder rights is made by the information disclosure obligor to reduce its holdings of the Company’s shares based on its own capital needs.

II. Shareholding plan of the information disclosure obligor within the next 12 months

As of the date of signing this report, except for this change in shareholder rights, the information disclosure obligor has not yet made any clear plan to increase or decrease its shareholdings within the next 12 months. If relevant matters involving changes in equity interests occur in the future, the information disclosure obligor will strictly fulfill its information disclosure obligations in a timely manner in accordance with the relevant laws and regulations.

Fourth Section Method of the change in shareholder rights

I. The information disclosure obligor’s holdings of equity interests in the listed company

Before this change in shareholder rights, the information disclosure obligor and its parties acting in concert held 9,374,121 shares of the Company as unrestricted circulating shares, accounting for 5.90% of the Company’s total share capital. After this change in shareholder rights, the information disclosure obligor and its parties acting in concert held 7,794,121 shares of the Company, accounting for 4.91% of the Company’s total share capital.

II. Specific circumstances of this change in shareholder rights

On February 12, 2026, the Company disclosed the “Announcement on the Share Reduction Plan of Shareholders” (Announcement No. 2026-003) on the website of the Shanghai Stock Exchange (www.sse.com.cn). The information disclosure obligor intends to reduce the shares it holds in the Company through centralized bidding, with a total reduction quantity not exceeding 1,580,000 shares, and not exceeding 1.00% of the Company’s total share capital.

From March 16, 2026 to March 30, 2026, the information disclosure obligor reduced the Company’s shares by 1,580,000 shares through centralized bidding transactions, accounting for 1.00% of the Company’s total share capital. After this change in shareholder rights, the information disclosure obligor and its parties acting in concert held 7,794,121 shares of the Company, accounting for 4.91% of the Company’s total share capital.

■

III. Circumstances where the rights attached to the shares held by the information disclosure obligor are subject to restrictions

As of the date of signing this report, the shares held by the information disclosure obligor and its parties acting in concert are all unrestricted circulating shares, and there are no situations of rights restrictions such as pledges or freezes.

IV. Impact of this change in shareholder rights on the control of the listed company

This change in shareholder rights will not result in any change in the controlling shareholder or actual controller of the listed company, and there is no situation that would impair the interests of the listed company or other shareholders.

Fifth Section The situation of buying and selling the stocks of the listed company within the previous six months

Except for the stock share reduction disclosed in this report, within the six months prior to the date on which this report is signed, the information disclosure obligor has not bought or sold the stocks of the listed company.

Sixth Section Other Important Matters

As of the date of signing this report, the information disclosure obligor has, in accordance with the relevant provisions, truthfully disclosed the relevant information regarding this change in shareholder rights, and there is no other material information that, under laws and relevant regulations, the information disclosure obligor should have disclosed but has not disclosed.

Seventh Section Documents for Reference

I. Documents for reference

1. Copy of the business license of the information disclosure obligor;

2. Identity documents of the managing partner of the information disclosure obligor and its key responsible person;

3. This summary report on changes in shareholder rights signed by the information disclosure obligor.

II. Place where documents for reference are kept

This report and the above documents for reference are kept in the office of the Company’s securities and legal affairs department.

Declaration by the information disclosure obligor

The information disclosure obligor undertakes that this report contains no false records, misleading statements, or material omissions, and assumes individual and joint legal responsibility for its truthfulness, accuracy, and completeness.

Information disclosure obligor (stamped): Yueqing City Dehui Equity Investment Partnership (Limited Partnership)

Managing partner (signed): Lin Mu

2026 Month Day

Appendix:

Summary Report on Changes in Shareholder Rights

■

Information disclosure obligor (stamped): Yueqing City Dehui Equity Investment Partnership (Limited Partnership)

Managing partner (signed): Lin Mu

2026 Month Day

Vast information and precise interpretation—available in the Sina Finance app

LAYOUT REFERENCE (source): total_lines=275, non_empty_lines=112, blank_lines=163