Huiyun Titanium announced that Chaoyang Investment Co., Ltd., a shareholder holding 5% or more of its shares, has expired. The company originally held 52,696,600 shares of the company, accounting for 13.1739% of the total share capital. From April 18 to July 17, 2026, Chaoyang Investment reduced its holdings of 5,487,400 shares through centralized bidding and bulk transactions, accounting for 1.3718% of the total share capital. Furthermore, convertible debt-to-equity swaps led to an increase in total share capital, and the shareholding ratio was passively diluted. After this change in equity, Chaoyang Investment's shareholding ratio fell to 11.8021%, which will not result in a change in the company's controlling shareholders or actual controllers.

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