Siquan New Materials: Shareholder Wu Pan has reduced his holdings by 0.4829%

Sichen New Materials Announcement: Shareholder, director, and senior executive Wu Pan, who holds more than 5% of the shares, reduced his holdings by 390,000 shares through centralized bidding on February 11, 2026, accounting for 0.4829% of the total share capital. His shareholding ratio decreased from 7.1552% to 6.6723%, reaching a multiple of 1%. Previously, on January 7, 2026, he pre-disclosed plans to reduce no more than 1,444,500 shares (1.7888%) through centralized bidding or block trades between January 29, 2026, and April 28, 2026. As of the date of this announcement, the plan has not yet been completed.