Huayang International: Huai'an Xutian and Huai'an Zhongtian plan to collectively reduce their company's shares by no more than 1.00%.

Huayang International announcement: Huai'an Xutian and Huai'an Zhongtian plan to reduce their holdings by no more than 1.96 million shares within 3 months after the announcement is issued, using centralized bidding or bulk trading methods, accounting for 1.00% of the company's total share capital. Among them, Huai'an Xutian will reduce its holdings by no more than 1.0435 million shares, accounting for 0.53% of the company's total share capital; Huai'an Zhongtian will reduce its holdings by no more than 0.9165 million shares, accounting for 0.47% of the company's total share capital.