Xiangyang Auto: Xiangzhou Group has reduced its holdings by 1%

Xiangyang Auto announced that as of October 16, 2025, the shareholding reduction plan of the shareholder holding more than 5%, Xiangyang Auto Investment Development Group Co., Ltd., has expired. During this period, 4.5961 million shares were reduced through centralized bidding, accounting for a reduction ratio of 1%, with an average reduction price of RMB 17.01 per share, and a price range of RMB 16.5-17.39 per share. After the reduction, the shareholding is 78.563 million shares, accounting for 17.09%, a decrease of 1 percentage point from 18.09% before the reduction. This reduction is in line with the previously planned reduction of no more than 3%