Truchum director completes share reduction plan

Anhui Truchum Advanced Materials & Technology Co., Ltd. announced on December 10, 2025, that its director, Mr. Tang Yougang, has completed a share reduction plan. The plan, initially disclosed on November 6, 2025, involved reducing holdings by up to 2,000,000 shares, representing 0.13% of the company's total share capital (excluding shares in the company's dedicated repurchase account). The transactions were executed through centralized bidding between November 27, 2025, and December 8, 2025.

The shares were sold at an average price of yuan 11.62 per share, totaling 2,000,000 shares. The total value of the shares sold amounted to yuan 23,241,770.51, with prices ranging from yuan 11.40 to yuan 12.28 per share. Following the completion of this plan, Mr. Tang Yougang's total ownership in Anhui Truchum Advanced Materials & Technology decreased from 12,261,870 shares (0.77%) to 10,261,870 shares (0.64%).

The company confirmed that the share reduction complied with relevant securities laws and regulations, including those of the Shenzhen Stock Exchange. Mr. Tang Yougang is not the company's controlling shareholder, actual controller, or an acting-in-concert party, and the completion of this plan will not alter the company's control or governance structure.