Shandong Yulong Gold (601028.SH): Houai Technology plans to passively reduce its shareholding by no more than 3%

Shandong Yulong Gold (601028.SH) has released an announcement, stating that the company recently learned that, due to the financing contract of the credit account held by Houai Technology at Bohai Securities having expired, Bohai Securities will reduce its holding of a portion of the company's shares held by Houai Technology through centralized auction and block trade. Bohai Securities plans to reduce its holding of the company's shares by no more than 23.49 million shares (including this amount) within three months from the date of this announcement, which is not more than 3% of the company's total share capital.