Xi Qiang shares: Hong Kong Hengtai Technology Co., Ltd. and its concerted action parties plan to collectively reduce their shareholdings by no more than 3% of the company's shares.

Xiuqiang Holdings announces that shareholders holding more than 5%, Hong Kong Hengtai Technology Limited and its concerted action person Suqian Xinxing Investment Limited, and Lu Xiuqiang plan to reduce their holdings of the company's shares through centralized bidding, block trades, and other legal means within 3 months after the announcement is disclosed. The total number of shares sold shall not exceed 23.1884 million shares, accounting for 3% of the company's total share capital.