Huizhong Titanium Industry: The controlling shareholder and concerted action persons intend to reduce their holdings of the company's shares by no more than 2.98%.

Huiyun Titanium Industry announced that the company's controlling shareholder, actual controller, and chairman Zhong Zhengguang, together with the concerted action person American Wanbang Limited, plan to reduce their holdings of the company's shares by a total of no more than 11,920,900 shares within 3 months from the date of announcement disclosure. This will be done through centralized bidding and block trading, representing 2.9802% of the company's total share capital.