Huali Technology: shareholders intend to reduce their shares in the company by no more than 4.28%.

[Huali Technology: shareholders intend to reduce no more than 4.28% of the company's shares] April 14, Huali Technology announced that shareholder Suqian Yangyou Enterprise Management Consulting Co., Ltd. intends to reduce its shares in the company by no more than 1.1284 million shares, that is, no more than 1% of the company's total share capital. Guangzhou Zhiyuan No. 1 Science and Technology Investment Partnership (Limited Partnership), a specific shareholder, intends to reduce its holdings in no more than 3.705 million shares, that is, no more than 3.28% of the total share capital of the company. Zhiyuan Investment intends to transfer ownership to each partner by means of non-transaction transfer of the remaining shares after the implementation of the reduction plan.