Huaxiang Co., Ltd. announced that the controlling shareholder of the company, Shanxi Linfen Huaxiang Industrial Co., Ltd. holds 282 million shares of the company, accounting for 52.15% of the company's total share capital. Due to its own business development needs, Huaxiang Industrial plans to reduce its total holdings of the company's shares by no more than 16.198,800 shares through centralized bidding and bulk transactions between October 9, 2026 and January 8, 2027, that is, no more than 3% of the company's total share capital. Among them, centralized bidding reduced holdings by no more than 5.3996 million shares, and bulk transactions reduced holdings by no more than 10.792 million shares. This reduction in holdings will not result in a change in the company's control, and there is uncertainty about the actual holdings reduction.

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