Qinglong Pipe Industry: Qinglong Holdings and Chen Jiaxing plan to jointly reduce their holdings of the company's shares by no more than 3.00%

Qinglong Pipe Industry announcement, the controlling shareholder Qinglong Holdings and the actual controller Chen Jiaxing plan to reduce their holdings through block trading and centralized bidding from July 25, 2025 to October 24, 2025, not exceeding 9.9097 million shares in total, accounting for 3.00% of the company's total share capital. Among them, the reduction through block trading will not exceed 6.6065 million shares, accounting for 2.00% of the total share capital; the reduction through centralized bidding will not exceed 3.3032 million shares, accounting for 1.00% of the total share capital. The reason for the reduction is to repay loans and equity pledge loans, and the reduction price will be determined based on market prices.