Electrician's alloy: Jiangyin Qiuwei plans to reduce its holding by 0.55% within three months.

Electrician alloy announcement, shareholder Jiangyin Qiawei Management Consulting Partnership intends to reduce its stake in the company by no more than 2.4 million shares, or 0.55% of the total share capital, through block trading within 3 months after 15 trading days from the disclosure of this announcement. As of the announcement date, Jiangyin Qiawei holds 19.19 million shares in the company, accounting for 4.44%.