[China Satellite: Controlling shareholder Space Institute’s shareholding reduction plan has been implemented Cumulative shareholding reduction of 1.26%] On September 10th, China Satellite (600118.SH) announced that the company’s controlling shareholder, the Space Institute, had reduced its holdings of 14.8904 million shares of the company through centralized bidding and block transactions during the holding reduction plan period from June 10 to September 9, 2026, accounting for 1.26% of the company’s total share capital, and the total reduction amount was 1.097 billion yuan. When the implementation period of this shareholding reduction plan expires, the Space Institute still holds 594 million shares of the company, accounting for 50.20% of the company's total share capital.