Xianglu Tungsten Industry: Director Dai Xiangping and CFO Zheng Lifen plan to reduce their holdings by 0.0115% and 0.0031% respectively.

Shanghai Tungsten Industry announced that Director and Vice General Manager Dai Xiangping holds 150,400 shares, accounting for 0.0460% of the total shares. He plans to reduce his holdings by no more than 37,600 shares, or 0.0115%, within 3 months after the disclosure of this announcement through centralized bidding. The Financial Director, Zheng Lifen, holds 40,000 shares, accounting for 0.0122% of the total shares. She plans to reduce her holdings by no more than 10,000 shares, or 0.0031%, through centralized bidding within the same time period.