Jiawei New Energy: Shareholder Shanghai Chuyang Solar was forcibly reduced by 0.73%

Jiawei New Energy Announcement: From December 7, 2024, to February 9, 2026, the shareholder holding more than 5% of shares, Shanghai Chuyang Photovoltaic Power Co., Ltd., was forced to reduce its holdings by 6.0415 million shares through centralized trading due to stock pledge default, accounting for 0.73% of the company’s total share capital. After the reduction, the shareholding is 47.3485 million shares, representing 5.70% of the total share capital, down from 53.39 million shares or 6.43% before the change. This equity change did not result in any change in the company’s controlling shareholder or actual controller.