<p>HWPC announced that from September 1, 2025, to September 12, 2025, shareholder Xu Xiaoqiang cumulatively reduced his holdings by 1.2961 million shares through centralized bidding, accounting for 0.9870% of the company's total share capital, with a reduction price range of 51.75 to 65.54 yuan/share, totaling 75.8397 million yuan; this reduction plan has been completed, and Xu Xiaoqiang currently holds 674,800 shares, accounting for 0.5139%, while Xu Yan's holdings of 18.48 million shares have not been reduced</p>

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<p>HWPC announced that from September 1, 2025, to September 12, 2025, shareholder Xu Xiaoqiang cumulatively reduced his holdings by 1.2961 million shares through centralized bidding, accounting for 0.9870% of the company's total share capital, with a reduction price range of 51.75 to 65.54 yuan/share, totaling 75.8397 million yuan; this reduction plan has been completed, and Xu Xiaoqiang currently holds 674,800 shares, accounting for 0.5139%, while Xu Yan's 18.48 million shares have not been reduced</p>

HWPC: Xu Xiaoqiang reduced his holdings by 0.9870% in September