Chongqing Sansheng Industrial Co., Ltd. Announcement on the Completion of Share Transfer and Passive Reduction Due to Shareholder's Judicial Auction

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Securities Code: 002742 Securities Abbreviation: *ST San Sheng (Rights Protection) Announcement No.: 2026-24

Announcement by Chongqing San Sheng Industrial Co., Ltd. Regarding the Completion of Transfer of Shares Judicially Auctioned from Shareholders and Passive Reduction in Holdings

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Chongqing San Sheng Industrial Co., Ltd. (hereinafter referred to as “the Company”) learned through the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited (hereinafter referred to as “CSDC”) system on March 26, 2026, that the 36,954,132 shares of the Company held by shareholder Mr. Pan Xianwen, which were judicially auctioned, have completed the transfer registration procedures. The relevant situation is hereby announced as follows:

1. Situation of Judicial Auction

The People’s Court of Qijiang District, Chongqing (hereinafter referred to as “the Court”) conducted a judicial auction on the 36,954,132 shares held by Mr. Pan Xianwen from March 12, 2026, 10:00 to March 14, 2026, 10:00 on the JD auction platform. According to the “Confirmation of Successful Online Bidding” published on the auction platform, bidders Wei Wei, Zhang Yu, Liu Hui, Liu Lulu, and Zhao Gaozheng won the bid through public bidding, resulting in a total transaction of 36,954,132 shares at an average transaction price of 4.0921 yuan/share. For specific details, please refer to the “Notice of the Results of Judicial Auction of Partial Shares by Shareholders” disclosed by the Company on March 17, 2026, on the Giant Tide Information Network (Announcement No.: 2026-20).

There is no relationship or other interest relationship between the Company’s shareholders, directors, senior management personnel, and the bidders.

2. Completion of Share Transfer Registration

The Company learned through the CSDC system that the 36,954,132 shares of the Company held by Mr. Pan Xianwen, which were successfully auctioned, completed the transfer registration procedures on March 25, 2026.

3. Passive Reduction in Holdings Due to This Judicial Auction

4. The situation of passive reduction in the holdings of shareholders this time

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2. The situation of shareholding before and after the passive reduction in holdings (transfer of shares due to judicial auction)

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4. Other Explanations

5. The transfer of shares held by shareholders through judicial auction will not lead to changes in the control of the Company, nor will it have a significant impact on the Company’s governance structure and ongoing operations.

6. The assignee of this judicial auction must comply with the “Interim Measures for the Management of Share Reduction by Shareholders of Listed Companies” and “Self-Regulatory Guidelines No. 18 for Listed Companies on the Shenzhen Stock Exchange—Share Reduction by Shareholders and Directors, Senior Management Personnel,” and other relevant regulations.

The designated information disclosure media of the Company are “Shanghai Securities Journal,” “Securities Times,” and Giant Tide Information Network (www.cninfo.com.cn). All relevant information of the Company shall be subject to the announcements published in the above-mentioned designated information disclosure media. Investors are requested to pay attention to the Company’s subsequent relevant announcements and be aware of investment risks.

5. Documents for Reference

“List of Changes in Shareholdings of Shareholders Holding More Than 5% of Shares by China Securities Depository and Clearing Corporation Limited”

This announcement is hereby made.

Board of Directors of Chongqing San Sheng Industrial Co., Ltd.

March 26, 2026

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