Western Region Gold shareholder reduces stake below 10.21% threshold

Western Region Gold Co. announced on December 24, 2025, that shareholder Yang Shengrong’s equity interest in the company has fallen below the 10.21% threshold to 10.00%. This change was triggered on December 23, 2025, when Yang Shengrong reduced their holding by 1,928,700 shares through concentrated bidding, representing 0.21% of the total share capital.

This move aligns with a previously disclosed share reduction plan by Yang Shengrong, detailed in announcements on October 16, 2025, and November 10, 2025. Yang Shengrong's cumulative reduction since November 10, 2025, including this transaction, totals 14,072,491 shares. The company confirmed this equity change does not involve a tender offer, nor will it alter the company’s controlling shareholder or actual control, thus not impacting governance or ongoing operations.

Before the latest transaction, Yang Shengrong held 93,028,676 shares. After the reduction, the holding stands at 91,099,976 shares. The company emphasized that the remaining share reduction plan for Yang Shengrong has not yet been fully executed.