Tengyuan Cobalt: Shareholder Chen Dao Investment Plans to Reduce Holdings by No More Than 2%

Tengyuan Cobalt Announcement: The shareholder, Ningbo Meishan Bonded Port Area Chendao Investment Partnership (, Limited Partnership )—Changjiang Chendao (—Hubei )—New Energy Industry Investment Partnership (Limited Partnership) , holds 12.2059 million shares of the company, accounting for 4.16% of the company’s current total share capital. It plans to reduce its holdings by no more than 5.8743 million shares, representing no more than 2% of the company’s current total share capital, within three months after 15 trading days from the date of disclosure of this announcement, i.e., from April 7, 2026, to July 6, 2026, through centralized bidding or block trades on the Shenzhen Stock Exchange.

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