Xingtai Nakano Four Directors and Senior Executives Plan to Reduce Holdings by No More Than 753.1k Shares, Accounting for 0.48% of Total Share Capital

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On March 25, 2026, Xingtai Nacoor Nor Precision Rolling Technology Co., Ltd. (hereinafter referred to as the “Company”) released a pre-disclosure announcement regarding the shareholders’ proposed reduction of their holdings. Four of the Company’s directors and senior management plan to reduce some of their shares within the next 3 months by way of centralized competitive bidding or block trades. The total proposed reduction quantity will not exceed 753.1k shares, accounting for 0.4804% of the Company’s total share capital. The reason for the reduction is individual funding needs.

Basic Information on the Reduction Parties

According to the announcement, the reduction parties in this case are the Company’s director and senior management member Li ZhiGang, as well as senior management members Zheng LiGang, Cai JunZhi, and Wu MinQiang. All four hold shares obtained prior to the Company’s listing (including shares from capitalisation issues arising from equity distribution). The specific shareholding details are as follows:

Details of the Reduction Plan

According to the announcement, the reduction plans of the four shareholders will be implemented within 3 months after 15 trading days from the date of disclosure of this announcement. The reduction price will be determined based on market price, and the source of the shares will be shares obtained prior to listing on the Beijing Stock Exchange (including shares from capitalisation issues arising from equity distribution). The specific reduction arrangements are as follows:

The announcement particularly notes that if, during the implementation period of the reduction plan, the Company conducts ex-rights/ex-dividend events such as distribution of bonus shares, capitalization into share capital, issuance of new shares, or rights offerings, the planned reduction quantity will be adjusted accordingly, while the planned reduction ratio will remain unchanged.

Compliance and Risk Reminder for the Reduction

The Company states that this reduction plan complies with laws and regulations including the “Company Law,” the “Securities Law,” the “Stock Listing Rules of the Beijing Stock Exchange,” and the “Continuously Supervised Guidance No. 8 for Share Reduction of Listed Companies on the Beijing Stock Exchange,” among other relevant regulations. The above-mentioned shareholders do not have any circumstances under which they are prohibited from reducing their holdings. Meanwhile, the relevant shareholders have strictly fulfilled the commitments they made previously regarding shareholding proportion, quantity, and term, and no instance of violating commitments has occurred.

Regarding the reduction risks that market participants are concerned about, the Company reminds that the implementation of this reduction plan involves uncertainty. The reducing shareholders will decide whether to implement it in detail based on market conditions, the Company’s share price, and other factors. Uncertainty also exists regarding the reduction timing, quantity, price, and whether the plan can be completed on schedule. The Company will urge the relevant shareholders to strictly fulfill their information disclosure obligations during the period of implementing the reduction plan. Investors are encouraged to invest rationally and be mindful of investment risks.

The file for review regarding this reduction plan is the “Share Reduction Plan Letter” issued by the above-mentioned shareholders.

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Responsible editor: Xiao Lang Express