Huayu Mining directors plan share reductions

Tibet Huayu Mining (SSE:601020) announced that several of its directors, supervisors, and senior managers intend to reduce their shareholdings in the company through centralized bidding. Director Liu Pengju plans to reduce his holdings by no more than 60,298 shares (0.0074% of total equity), while CFO Xing Jianjun intends to reduce his holdings by no more than 41,720 shares (0.0051% of total equity). Supervisor Wang Xiaofei plans to reduce his holdings by no more than 5,460 shares (0.0007% of total equity). These reductions will be conducted through centralized bidding on the Shanghai Stock Exchange between April 15, 2025, and July 14, 2025, with the final price determined by market conditions. As of the announcement date, Liu Pengju held 241,192 shares (0.0294%), Xing Jianjun held 166,880 shares (0.0204%), and Wang Xiaofei held 21,840 shares (0.0027%). The company stated that the planned reductions comply with relevant laws and regulations.