Shareholder plans to reduce stake in Henan Zhongfu

Henan Zhongfu Industrial Co., Ltd. has announced that substantial shareholder, Henan Yicheng Venture Capital Group, plans to reduce its stake in the company. As of the announcement date, Yicheng Venture Capital held 200,471,535 shares, representing 5.00% of Henan Zhongfu's total share capital, obtained previously through judicial transfer. The planned reduction involves selling no more than 40,000,000 shares, not exceeding 1% of the company’s total share capital, through centralized bidding, commencing 15 trading days after the announcement and continuing for three months. This action is driven by the shareholder's own capital requirements. The selling period is slated between July 30, 2025, and October 29, 2025. The shareholder has committed to following all relevant regulations during the share reduction.