Major shareholder reduces stake in Shandong Oriental Ocean

Shenzhen Qianhai Guoyuan Private Securities Investment Fund Management Co., Ltd. – Guoyuan Value Selection No. 1 Private Securities Investment Fund ("Guoyuan Fund"), a major shareholder in Shandong Oriental Ocean Sci-Tech Co., Ltd., recently reduced its stake by 19,580,000 shares, representing 1% of the company's total share capital. The transactions occurred on September 17 and September 19, 2025, through a combination of centralized bidding and block trading.

Specifically, Guoyuan Fund sold 15,666,000 shares via centralized bidding and 3,814,000 shares via block trading on September 17, followed by another 100,000 shares through centralized bidding on September 19. Following these sales, Guoyuan Fund's total holding decreased from 176,315,727 shares (9.00%) to 156,735,727 shares (8.00%), marking a 1% change.

The reduction aligns with a previously disclosed share reduction plan by the major shareholder. The company confirmed that this change in holdings will not alter the company's control and is not expected to significantly impact its operations.