Yongfu shares announced that the company's shareholder Contemporary Amperex Technology Co., Ltd. plans to reduce its holdings of the company's shares by no more than 5.5618 million shares in total through centralized bidding and block trading within 90 natural days after 15 trading days from the date of disclosure of the reduction plan, which is no more than 3% of the company's total share capital after excluding the number of shares in the company's latest disclosed repurchase special account. As of the date of disclosure of the announcement, CATL holds 14.5679 million shares of the company, accounting for 7.77% of the company's total share capital, accounting for 7.86% of the company's total share capital after excluding the number of shares in the company's latest disclosed repurchase special account. This reduction plan is a normal reduction behavior of CATL based on normal investment arrangements and fund management needs, and will not affect the business cooperation between the two parties.