重庆望变电气（集团）股份有限公司股东提前终止减持计划暨股份减持结果公告

Core Viewpoint - The announcement details the early termination of a share reduction plan by a major shareholder of Chongqing Wangbian Electric (Group) Co., Ltd., along with the results of the share reduction activities undertaken by various shareholders [1][6]. Shareholder Holding Situation - Before the implementation of the reduction plan, shareholder Yang Houqun held 4,459,444 shares, accounting for 1.34% of the total share capital; Yang Xiaolin held 622,300 shares (0.19%); Long Zhigang held 116,000 shares (0.03%); and Pi Tianbin held 375,000 shares (0.11%) [2]. Results of the Reduction Plan - On October 21, 2025, the company disclosed a share reduction plan where Yang Houqun intended to reduce up to 2,210,200 shares (0.67%) through centralized bidding and up to 2,249,244 shares (0.68%) through block trading. Yang Xiaolin planned to reduce up to 622,300 shares (0.19%), Long Zhigang up to 116,000 shares (0.03%), and Pi Tianbin up to 375,000 shares (0.11%) through centralized bidding [3]. - The total number of shares reduced by any of the aforementioned shareholders through centralized bidding within any 90-day period would not exceed 1% of the total shares, while block trading reductions would not exceed 2% [3]. Implementation of the Reduction Plan - As of January 13, 2026, Yang Xiaolin, Long Zhigang, and Pi Tianbin had completed their share reductions, while Yang Houqun retained 2,591,744 shares. From November 13, 2025, to January 19, 2026, Yang Houqun reduced 2,189,600 shares (0.66%), leaving her with 2,269,844 shares (0.68%) as of the announcement date [4]. - The reduction plan was officially terminated early by Yang Houqun, despite the completion of the planned reductions by other shareholders [6].