Tibet Huayu Mining shareholder reduces stake, triggers 1% threshold

Qinghai Western Rare and Precious Metals Co., Ltd., a major shareholder in Tibet Huayu Mining Co., Ltd., has reduced its stake in the company, triggering a 1% change threshold. From September 13 to September 16, 2025, the shareholder sold 7,571,100 shares through concentrated bidding, representing 0.92% of the company's total share capital. This transaction decreased their holding from 9.79% to 8.87%.

The company confirmed that the equity change is in line with a previously disclosed share reduction plan announced on August 23, 2025. This change does not trigger a mandatory tender offer, nor does it require a separate equity change report. Furthermore, it will not result in any change to the company's controlling shareholder or actual controller. The reduction plan is still ongoing as of the announcement date.

Tibet Huayu Mining assures that the information provided is accurate and complies with relevant securities laws and regulations. Investors are advised to be aware of investment risks as the company continues to supervise the shareholder's adherence to disclosure obligations.