According to Haiyang Technology's announcement, Linglong Tire Co., Ltd., which holds more than 5% of the company's shares, holds 14 million shares of the company, accounting for 7.72% of the company's total share capital. The source of shares is the shares obtained before the company's initial public offering. Due to the needs of its own operating capital arrangement, Linglong Limited plans to reduce its total holdings of the company's shares by no more than 5.437,500 shares through centralized bidding and bulk transactions from September 14, 2026 to December 13, 2026. The total reduction ratio will not exceed 3% of the company's total share capital. Among them, the centralized bidding method reduced holdings by no more than 1.812,500 shares, accounting for no more than 1%; the bulk trading method reduced holdings by no more than 3.625 million shares, accounting for no more than 2%, and the reduction price was determined according to the market price.

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