HWASU: The major shareholder China Chengda plans to reduce its holdings by no more than 0.28%

HWASU announced that as of the disclosure date of this reduction plan, China Chengda Engineering Co., Ltd. holds 180 million shares of the company, accounting for 5.01% of the total share capital. Within three months after 15 trading days from the announcement date, China Chengda plans to reduce its holdings by no more than 10 million shares through centralized bidding, accounting for 0.28% of the company's total share capital. The reduction period is from September 17, 2025, to December 16, 2025, and the shares to be reduced are sourced from the shares held before the company's IPO. The implementation of the reduction plan will be determined based on market conditions and the company's stock price, and there is uncertainty regarding the actual quantity and price of the reduction