Lan Shi heavy equipment: shareholders holding more than 5% of the shares reduce their holdings to 5%, without triggering a tender offer.

Lanshi Heavy Equipment announced that its shareholder Huaxiang Xianggang, who holds more than 5% of the shares, has implemented a reduction plan and reduced 13.0369 million shares through centralized bidding trading on November 13, accounting for 0.99801% of the total share capital. After this equity change, the proportion of shares held by Huaxiang Xianggang decreased from 5.99801% to 5%, holding 65.3146 million shares. This change does not trigger a tender offer and will not result in a change in the company's controlling shareholder or actual controller. Huaxiang Xianggang is still in the implementation period of the reduction plan, and the company will continue to monitor and disclose any progress.