Major shareholder Energy Investment Group of Huadian Liaoning Energy Development (600396.SH) plans to reduce its shareholding by no more than 1%.

Huadian Liaoning Energy Development (600396.SH) announced that Liaoning Energy Industry Investment (Group) Co., Ltd., a shareholder owning more than 5% of the company's shares, plans to reduce its holdings through the secondary market "centralized bidding" method within three months after the disclosure of this reduction announcement, starting from 15 trading days. The reduction will not exceed 14.7271 million shares, accounting for 1% of the total share capital of the company, and the reduction price will be confirmed based on the market price at the time of reduction.