Huachen Equipment: The actual controller intends to reduce its holding by 2%.

Huachen Equipment Announcement: The actual controllers Cao Yuzhong, Liu Xiangxiong, and Zhao Zeming collectively hold 135 million shares, accounting for 53.16%. They plan to reduce their holdings through block trading by no more than 5.07 million shares, or 2% of the total, within 3 months after the disclosure of this announcement. Among them, Cao Yuzhong plans to reduce 1.69 million shares, accounting for 0.6667%; Liu Xiangxiong 1.69 million shares, accounting for 0.6667%; Zhao Zeming 1.69 million shares, accounting for 0.6667%. This is in compliance with previous lock-up and reduction commitments.