Zhangyuan Tungsten Industry: Four senior executives plan to reduce their respective holdings by 0.03%.

Zhangyuan Tungsten Industry announced that director and executive vice president and CFO Fan Diyao plans to reduce their holdings by no more than 380,000 shares, accounting for 0.03% of the total share capital; director and vice general manager Chen Bangming plans to reduce their holdings by no more than 305,300 shares, accounting for 0.03% of the total share capital; Vice General Manager Shi Yusheng plans to reduce their holdings by no more than 351,400 shares, accounting for 0.03% of the total share capital; Vice General Manager Lai Changhong plans to reduce their holdings by no more than 307,600 shares, accounting for 0.03% of the total share capital. The reduction period is from July 16, 2025, to October 15, 2025, and the reason for the reduction is personal funding needs. The reduction method will be through centralized bidding or block trading, with the price range determined by market prices.