Hengtong Shares: Shareholder Liu Zhendong, who owns more than 5% of the company's shares, has reduced his stake in the company.

Hengtong Co., Ltd. announced that the shareholder Liu Zhendong, who holds more than 5% of the company's shares, reduced his holdings on March 24, 2026 by 10,000 shares through centralized bidding, and reduced 7,008,000 shares on April 7 through block trading, reducing his shareholding from 13.21% to 12.22%. This equity change triggered a 1% threshold. The reduction was part of a previously disclosed reduction plan, did not trigger a tender offer, the plan has not yet been fully implemented, will not result in a change in the controlling shareholder or the actual controller, and does not violate relevant regulations.