Tianli Holdings: Shaanxi Airlines plans to reduce its stake by no more than 1%

Tianli Composite Announcement: As a shareholder holding 22.75% of the shares, Shaanxi Aviation Industry Asset Management Co., Ltd. plans to reduce its holdings by no more than 1% of the company's shares through centralized bidding within 3 months after 15 trading days from the disclosure of this announcement. The source of the shares to be reduced is obtained before listing on the Northbound Exchange.