MEP: Provincial Investment Group's reduction plan has expired, with a cumulative reduction of 0.7446% of shares

Fujian MEP Co., Ltd. announced that the shareholding reduction plan of its shareholder, Fujian Investment Development Group Co., Ltd., which holds more than 5% of the shares, has expired. This reduction plan was disclosed on June 9, 2025, and the Provincial Investment Group intends to reduce its holdings by no more than 4,579,514 shares, not exceeding 1% of the total share capital, through centralized bidding transactions within three months. As of the announcement date on September 29, 2025, the Provincial Investment Group had cumulatively reduced its holdings by 3,410,000 shares from July 7 to August 11, accounting for 0.7446% of the total share capital, with an average reduction price of 11.22 yuan/share. After the reduction, its shareholding ratio decreased from 6.58% to 5.83%. This reduction complies with regulations and pre-disclosure requirements and has not affected the company's control and ongoing operations