On September 18, Gaotie Electric (688285.SH) announced that Mr. Zhang Changyu, Secretary of the Party Committee and Chairman of the Board, Mr. Chen Minhua, Director and General Manager, Mr. Feng Delin, Director and Vice General Manager, Mr. Lin Jian, Director and Chief Engineer, Mr. Chen Yongrui, Vice General Manager, Ms. Yan Junfang, Vice General Manager, Mr. Wang Xuce, Chief Accountant, Mr. Luo Zhen, Vice General Manager, Ms. Wang Shuping, Board Secretary, and Mr. Yuan Jinzhou, Assistant General Manager (hereinafter referred to as the shareholding entity) plan to increase their shareholding.

As of September 18, 2024, the above-mentioned shareholding entity has cumulatively increased the company's shares by 204,539 shares through the Shanghai Stock Exchange trading system using the method of centralized bidding trading, accounting for 0.0544% of the total share capital of the company. The total amount of the shareholding is RMB 13.473 million (excluding stamp duty, transaction commission and other transaction costs), which has exceeded the lower limit of the planned range of the shareholding amount of 1.27 million yuan. The plan to increase the shareholding has been completed.