Guoyuan Fund reduces stake in Oriental Ocean by 1%

Shenzhen Qianhai Guoyuan Private Equity Securities Investment Fund Management Co., Ltd. - Guoyuan Value Selection No. 1 Private Equity Securities Investment Fund ("Guoyuan Fund"), a major shareholder of Shandong Oriental Ocean Sci-Tech Co., Ltd. ("the Company"), recently reduced its holdings.

On September 23, 2025, Guoyuan Fund sold 19,481,000 shares through block trading. An additional 99,000 shares were sold on November 10, 2025, via concentrated bidding.

In total, Guoyuan Fund divested 19,580,000 shares, representing 1% of the Company's total share capital. Following these transactions, Guoyuan Fund's ownership decreased from 8.00% to 7.00%. This change triggered the 1% integer multiple reporting requirement.

The company confirms this share reduction was due to redemption requests from fund unit holders. It falls within a previously disclosed reduction plan and does not result in a change of control or have a material impact on its operations. Guoyuan Fund has fulfilled its commitments regarding share reductions.