电工合金：关于股东减持计划实施完成的公告

Core Viewpoint - The announcement details a share reduction by a major shareholder, indicating a shift in ownership stakes within the company, which may impact investor sentiment and market perception [1] Summary by Relevant Sections Shareholder Reduction - Jiangyin Electric Alloy Co., Ltd. disclosed a share reduction plan by its shareholder Jiangyin Qiuwai Management Consulting Partnership (Limited Partnership) [1] - Shareholder Shen Guoxiang plans to reduce his indirect holdings through Jiangyin Qiuwai by a maximum of 2.4 million shares, representing 0.55% of the total share capital [1] Implementation of Reduction - The reduction was executed between November 5 and November 24, 2025, with a total of 2.4 million shares sold through block trading [1] - Following the reduction, Jiangyin Qiuwai's shareholding decreased from 4.44% to 3.88%, completing the planned reduction [1]