Shaoyang Hydraulic: The company's senior management, supervisors, and specific shareholders plan to reduce their shareholding.

Shaoyang Hydraulic announcement, General Manager Yue Hai plans to reduce the company's shares by 28,600 shares (0.0262% of the total share capital) through centralized bidding within 90 natural days after the announcement disclosure for 15 trading days. Financial Director Deng Shiying plans to reduce the company's shares by 10,725 shares (0.0098% of the total share capital) in the same period through centralized bidding. Chairman of the Supervisory Board Zhao Tiejun plans to reduce the company's shares by 79,625 shares (0.0728% of the total share capital) in the same period through centralized bidding. Specific shareholder Zhou Yeqing plans to reduce the company's shares by no more than 1,350,000 shares (1.2347% of the total share capital) in the same period through centralized bidding and bulk trading. The implementation of this reduction plan is uncertain. Shareholders are not the company's controlling shareholders or actual controllers. The implementation of this reduction plan is the shareholders' normal reduction behavior, which will not change the company's control rights or have an impact on the company's ongoing operations.