Huading Group: Shareholders are planning to reduce their holdings in the company by no more than 3% through the development of assets and Hangzhou Yuejun.

Hua Ding Group announced that the company and Hangzhou Yuejun Equity Investment Partnership Enterprise plan to reduce their holdings of the company's shares by no more than 33.12 million shares through centralized bidding and block trading within 3 months after 15 trading days, with the planned reduction ratio not exceeding 3% of the company's total share capital. The reduction period is from June 12, 2025 to September 11, 2025. The reduction price and quantity will be determined based on market conditions.