Huasheng Tianlong executive completes share reduction plan

Mr. Xiang Xinzhou, a senior management member of Jiangsu Huasheng Tianlong Photoelectric, has completed his share reduction plan. As disclosed on July 29, 2025, Mr. Xiang intended to reduce his holdings by up to 23,750 shares, representing no more than 0.0118% of the company's total share capital. This was to occur through centralized bidding between August 27, 2025, and October 26, 2025. The actual reduction, completed by October 13, 2025, involved 23,700 shares at an average price of yuan 5.9738 per share, amounting to 0.0118% of the total share capital.

Prior to this reduction, Mr. Xiang held 95,000 unrestricted shares, representing 0.0474% of the total share capital. Following the completion of the plan, his holdings now stand at 71,300 unrestricted shares, or 0.0356% of the total share capital. The shares reduced originated from equity incentive exercises.

The company affirmed that this share reduction complies with relevant laws and regulations, including those of the Shenzhen Stock Exchange. Furthermore, the completion of this plan will not alter the company's control, governance structure, or ongoing operations.