Jilin Carbon Valley announced that the shareholder, Jilin Jiufu City Development Investment Holdings Co., Ltd., which holds 74.733,900 shares and accounts for 12.7167% of the shares, plans to reduce its holdings by 9.747,800 shares through bulk transactions within 3 months from the date of disclosure of this announcement, accounting for 1.66% of the company's total share capital; the reduced holdings will be determined based on market prices. The source of the shares was obtained before listing on the Beijing Stock Exchange. The reason for the proposed reduction in holdings was due to business development needs.

Jilin Carbon Valley announced that the shareholder, Jilin Jiufu City Development Investment Holdings Co., Ltd., which holds 74.733,900 shares and accounts for 12.7167% of the shares, plans to reduce its holdings by 9.747,800 shares through bulk transactions within 3 months from the date of disclosure of this announcement, accounting for 1.66% of the company's total share capital; the reduced holdings will be determined based on market prices. The source of the shares was obtained before listing on the Beijing Stock Exchange. The reason for the proposed reduction in holdings was due to business development needs.