Anhui HWASU's shareholder China Chengda Engineering reduced its shareholding, and the equity ratio fell to 5%

On September 17, 2025, Anhui HWASU received a "Simplified Report on Equity Changes" from its shareholder, China Chengda Engineering Co., Ltd. This equity change is a proportional reduction; before the change, China Chengda Engineering held a 5.01% stake, corresponding to 18 million shares; after the change, the stake decreased to 5.00%, corresponding to 17.9737 million shares, with the method of equity change being centralized bidding. This shareholder has no concerted action parties, and this change does not violate any commitments, nor does it trigger mandatory takeover obligations. This equity change does not involve a takeover and will not change the company's controlling shareholder and actual controller, nor will it affect the company's governance and operations. Currently, the reduction plan has not been fully implemented, and the company will continue to monitor and disclose information in a timely manner