TJSMW: Shareholders Li Guangrong and Tehua Investment plan to reduce their holdings by no more than 3% of the company's shares

TJSMW announced that the actual controller Li Guangrong and his concerted party Tehua Investment Holdings Co., Ltd. plan to reduce their holdings by a total of no more than 64.3 million shares, which is no more than 3% of the company's total share capital, through centralized bidding and block trading. Among them, Li Guangrong plans to reduce his holdings by no more than 20.8 million shares, and Tehua Investment plans to reduce its holdings by no more than 43.5 million shares. The reduction methods include centralized bidding and block trading, with the reduction period from November 19, 2025, to February 18, 2026, and the reason for the reduction is the shareholder's own funding needs