Announcement on Circulation of Restricted Shares in Initial Public Offering

About this update from Ningbo Shimao Energy Co., Ltd. Class A

The total number of shares to be listed and circulated this time is 120,000,000 shares; the listing and circulation date is July 12, 2024.The abstract is for reference only. Please refer to the full text of the announcement on the very day.Link of Full Text for Reference: View Attachment

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