Lanzhou LS Heavy Equipment Co., Ltd. (603169.SH): Huaxin Xianggang plans to reduce its shareholding by no more than 1%

Lanzhou LS Heavy Equipment Co., Ltd. (603169.SH) announced that Hualing Xianggang Steel Co., Ltd. plans to reduce their holdings of the company's shares through centralized auction trading within 3 months after 15 trading days from the announcement date. The number of shares to be reduced will not exceed 13.0629 million shares, representing no more than 1% of the company's total share capital. The selling price will be determined based on market prices.