Huasheng Lithium Battery: The controlling shareholder and some concerted parties under actual control plan to reduce their holdings by a total of no more than approximately 1.6M shares.

Daily Economic News AI Express: Huasheng Lithium (SH 688353, closing price: 119.8 yuan) announced on the evening of April 2 that, as the result of the shareholders’ own capital needs, Shen Gang, the controlling shareholder and the consistent-action party of the actual controller, plans to reduce its holdings in the company by no more than approximately 51.6k shares through centralized bidding, with the reduction ratio not exceeding 0.0324% of the company’s total shares. Yuan Yang plans to reduce its holdings in the company by no more than approximately 56.8k shares through centralized bidding, with the reduction ratio not exceeding 0.0356% of the company’s total shares. Yuan Xuan plans to reduce its holdings in the company by no more than approximately 51k shares through centralized bidding, with the reduction ratio not exceeding 0.032% of the company’s total shares. Zhang Xuemei plans to reduce its holdings in the company by no more than approximately 21.9k shares through centralized bidding, with the reduction ratio not exceeding 0.0138% of the company’s total shares. Huaying No. 2 plans to reduce its holdings in the company by no more than approximately 909.4k shares through centralized bidding, with the reduction ratio not exceeding 0.5702% of the company’s total shares. Huaying No. 3 plans to reduce its holdings in the company by no more than approximately 504.2k shares through centralized bidding, with the reduction ratio not exceeding 0.3161% of the company’s total shares. The total number of shares that the relevant parties acting in concert intend to reduce this time is no more than approximately 51.6k shares, and the proportion of shares to be reduced relative to the company’s total share capital will not exceed 1%. The planned reduction period is within 3 months after 15 trading days from the date of disclosure of the reduction plan (i.e., from April 27, 2026 to July 24, 2026). If shares are reduced through centralized bidding, then within 90 consecutive natural days, the total number of shares reduced will not exceed 1% of the total number of shares of the company.

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(Reporter Zhang Mingshuang)

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