Jiangsu Energy: The reduction of shares by Bank of Communications Investment has caused equity changes to reach the 1% threshold

Jiangsu Xukang Energy Co., Ltd. announced that its shareholder, Bank of Communications Financial Asset Investment Co., Ltd., reduced its holdings by 32,613,500 shares through centralized bidding from August 20 to September 29, decreasing its shareholding ratio from 6.44% to 5.96%, with the equity change reaching an integer multiple of 1%. This equity change is part of the reduction plan previously disclosed by Bank of Communications Investment, does not trigger a mandatory bid, is consistent with the disclosed plan and commitments, and will not lead to changes in the company's controlling shareholder or actual controller. After the change, Bank of Communications Investment is still within the implementation period of the reduction plan, and the company will urge it to comply with regulations and promptly disclose subsequent changes in shareholding