Hengsheng Energy: During the recent abnormal stock price fluctuations, Ms. Du Shunxian reduced her holdings in the company through block trades by 203,500 shares and 100,000 shares respectively

Hengsheng Energy announced that the company's stock price had a cumulative deviation of over 20% in the daily closing price over three consecutive trading days on October 20, October 21, and October 22, 2025, which constitutes an abnormal fluctuation in stock trading. After the company's self-examination and verification with the controlling shareholder, as of the date of this announcement, there are no undisclosed matters related to the company that have caused abnormal fluctuations in the stock price. One of the actual controllers, Ms. Du Shunxian, intends to reduce her holdings of part of the company's unrestricted circulating shares through block trading, not exceeding 5.6 million shares, which is no more than 2% of the total shares of the company. As of October 22, 2025, Ms. Du Shunxian has cumulatively reduced her shareholding by 501,600 shares through block trading. During this period of abnormal stock fluctuations, Ms. Du Shunxian reduced her holdings of the company's shares through block trading by 203,500 shares and 100,000 shares on October 20 and 21, 2025, respectively. This reduction is consistent with the previously disclosed reduction plan, and there are no violations of regulations regarding the reduction