Huali Co., Ltd.: Shareholder Lu Xuqiu plans to reduce holdings by no more than 1%

Huali Co., Ltd. announced that Lu Xuqiu holds 13 million shares of the company, accounting for 4.84%; he plans to reduce his holdings by no more than 2.6868 million shares, approximately 1.00%, through centralized bidding from March 23, 2026, to June 22, 2026. The shares for reduction are sourced from those acquired before the IPO and through other means, with the reason for the reduction being personal funding needs; if the company undergoes any ex-rights or ex-dividend events during this period, the number of shares to be reduced will be adjusted accordingly.

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