Hengli Drilling Tools: Shareholders Fu Qiang and Director Tang Limei intend to reduce their holdings by 0.49% and 0.33% respectively.

Henli Drilling Tools announced that shareholders Fu Qiang and director Tang Limei, who hold more than 5% of the shares, plan to reduce their holdings through centralized bidding and block trading within 3 months after 15 trading days from the date of the announcement. They will reduce their holdings by 300,000 shares and 200,000 shares respectively, accounting for 0.49% and 0.33% of the total share capital, at a price not lower than 14.2 yuan per share. The two currently hold 1.6859 million shares and 1.19 million shares, with a shareholding ratio of 2.75% and 1.94%.