Power Diamond: Shareholders intend to reduce their shareholding by no more than 1.25% of the company's shares.

On the evening of August 8, Liliang Diamond announced that Hui Li Jingang, a shareholder holding 2.51% of the shares, is the company's former employee shareholding platform, and plans to reduce the company's shares by a total of no more than 3.168 million shares through centralized bidding, block trades, or a combination of both methods. Among Hui Li's shareholders, the company's controlling shareholder and actual controller will not participate in the share reduction plan, and will not participate in the distribution of the proceeds from the share reduction.