crashteamracingnitrofueled| Liqun Shares (601366.SH): Director and Vice President Hu Peifeng plans to reduce his shares by no more than 950,000

Gelonghui May 22 丨 Liqun Shares (601366)(601366crashteamracingnitrofueled.SH) AnnouncementcrashteamracingnitrofueledMr. Hu Peifeng, director and vice president, intends to make a decision within 3 months after 15 trading days from the date of disclosure of this reduction plan announcement (Except for the window period and the period stipulated in relevant laws, administrative regulations, and normative documents when shares are not allowed to be reduced), the company's shares will be reduced through centralized bidding transactions through the securities trading system of the Shanghai Stock Exchange, and the number of shares reduced shall not exceed his own. At the end of the previous year, Mr. Hu Peifeng plans to reduce his holdings by no more than 950,000 shares, accounting for 0.11% of the company's current total share capital. The reduction price of the above reduction plan will be determined according to the market price at the time of implementation of the reduction.