Shaanxi Huada: Shareholders holding more than 5% of the shares intend to reduce their holdings by no more than 1%.

Shaanxi Huada announced that Shaanxi Production and Investment, a shareholder holding more than 5% of the company's shares, holds 37,919,700 shares, accounting for 25.0370% of the total share capital. It plans to reduce its holdings by not more than 1,512,373 shares through centralized bidding from July 7, 2026 to October 4, 2026, which is not more than 1% of the total share capital. The reason for the reduction is for its own fund arrangements and asset allocation needs. The shares are sourced from shares issued before the initial public offering. This reduction plan does not violate any commitments or regulations, and its implementation carries uncertainty but will not lead to a change in the company's controlling interest.