According to the Asia Pacific Industrial announcement, Taihua Investment, a concerted actor holding 5% or more of the shares, reduced its holdings of the company's shares by 5.69 million shares through bulk transactions from May 15 to June 18, 2026, accounting for 1.17% of the total share capital. The average holdings were reduced by 9.41 yuan/share. The shares were obtained through an auction. After this reduction in holdings, the total shareholding ratio of Taihua Investment and its co-operator Asia Pacific Mining fell from 9.00% to 7.83%. Taihua Investment's holdings reduction was a fulfillment agreement, did not violate relevant regulations, and would not result in a change in the company's control.

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