Huaxin New Materials: The concerted actor Huacheng Assets reduces its stake by 2%, triggering a change in equity exceeding 1%.

HuaXin New Materials Announcement: The company's controlling shareholder and acting in concert related party, Xuzhou Huacheng Asset Management Partnership Enterprise, previously disclosed a plan to reduce their holdings, intending to reduce a total of not more than 3.0832 million shares through centralized bidding and block trading. Today, the company received a notification letter that Huacheng Asset Management reduced 2.0555 million shares through block trading on June 25, 2026, accounting for 2% of the total share capital. Its shareholding ratio decreased from 4.01% to 2.01%. After this reduction, Huacheng Asset and its acting in concert related parties collectively hold shares of the company decreased from 53.29% to 51.29%, triggering a change in ownership interest of an integer multiple of 1%. The current reduction plan has not yet been fully implemented.