Hotgen: Controlling shareholder Lin Changqing plans to reduce his holdings by no more than 1.08% of the company's shares

Hotgen announced that the company's controlling shareholder, actual controller, chairman, and general manager Lin Changqing intends to reduce his holdings of the company's shares by no more than 1 million shares through centralized bidding and block trading, accounting for 1.0787% of the company's total share capital. The reduction period is from September 5, 2025, to December 4, 2025. The reduction plan will not have a significant adverse impact on the company's governance structure and ongoing operations