Guangdong Boying Special Welding Specific Shareholders and Directors/Supervisors Reduction Plan Completed, Totaling Reduction of 290,700 Shares Representing 0.22% of Total Share Capital

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Guangdong Boyingte Welding Technology Co., Ltd. (hereinafter referred to as “the Company”) announced on March 13 that the share reduction plan of specific shareholders Shenzhen Bode Rui Technology Partnership (Limited Partnership) (hereinafter referred to as “Bode Rui”) and some directors, senior management, former employee representatives, supervisors, and former CFOs has been completed. A total of 290,700 shares were reduced this time, accounting for 0.2234% of the company’s total share capital, with all sale prices above the company’s issuance price.

Implementation of the Share Reduction

The announcement shows that the share reduction plan was carried out from February 25, 2026, to March 12, 2026, through centralized bidding transactions. Bode Rui and its indirectly held company directors and executives sold a total of 290,739 shares at an average price of 74.71 yuan per share, with a price range of 55.39 yuan to 80.49 yuan per share, all above the issuance price.

The direct holdings of Bode Rui’s share reduction are as follows:

Shareholder Name
Reduction Method
Reduction Period
Average Price (Yuan/share)
Number of Shares Reduced
Reduction Ratio (%)
Bode Rui

The specific reduction details of directors, senior management, and former personnel holding shares indirectly through Bode Rui are as follows:

Name of Indirect Holder
Position
Reduction Method
Reduction Period
Average Price (Yuan/share)
Number of Shares Reduced
Reduction Ratio (%)
Liu Yining
Liu Weilin
Cui Qiuping
Liao Yangfan
Duan Junjie
Deng Yanhong
Li Minfeng
Total

Shareholding Changes Before and After the Reduction

After this reduction, the shareholding of Bode Rui changed as follows:

Shareholder Name
Share Class
Shares Held Before Reduction
Shares Held After Reduction
Bode Rui
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