Guoyuan Fund completes 3% stake reduction in Oriental Ocean

Shandong Oriental Ocean Sci-Tech Co., Ltd. announced that its major shareholder, Guoyuan Fund (Shenzhen Qianhai Guoyuan Private Equity Securities Investment Fund - Guoyuan Value Selection No. 1 Private Securities Investment Fund), has completed its previously disclosed share reduction plan. The fund offloaded a total of 58,740,000 shares, representing 3% of the company's total share capital.

The share reduction, conducted between September 16 and November 17, 2025, involved both concentrated bidding and block trading. Shares sold via concentrated bidding amounted to 19,580,000 at an average price of 2.83 yuan per share, while block trading accounted for 39,160,000 shares at an average price of 2.72 yuan per share. The overall average selling price was 2.76 yuan per share.

Following the transaction, Guoyuan Fund's total holding in Shandong Oriental Ocean Sci-Tech decreased from 192,180,727 shares (9.81%) to 133,440,727 shares (6.81%). The company confirmed that the share reduction was in compliance with relevant regulations and will not alter the company's control, equity structure, or continuous operations.