Major shareholder reduces stake in Triangle Defence

Xi'an Triangle Defence announced the expiration of the share reduction plan by its over 5% shareholder, Xi'an Peng Hui Enterprise Image Planning Partnership. The plan, disclosed on July 21, 2025, aimed to reduce holdings by no more than 8,100,000 shares, representing 1.4793% of the company's total share capital.

Between August 29, 2025, and October 29, 2025, Xi'an Peng Hui sold 5,475,372 shares through competitive bidding at an average price of 25.0622 yuan per share. This transaction represents 0.999984% of the company's total share capital. Following the reduction, Xi'an Peng Hui's stake decreased from 5.9441% to 4.9440% of the total share capital, now holding 27,070,871 shares.

The company confirmed the share reduction was conducted in strict compliance with relevant securities laws and regulations and had no adverse impact on its corporate governance or ongoing operations.