Hunan Hualing Cable Co., Ltd. guarantees that the information provided by its directors and general manager, Xiong Shuo, and senior management, Chen Baiyuan, Hu Xianghua, and Wang Zhenjin, is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The company and all members of the board guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.
On October 22, 2025, Hunan Hualing Cable Co., Ltd. disclosed the "Pre-disclosure Announcement on Share Reduction by Certain Directors and Senior Management" (Announcement No. 2025-076) on the Giant Tide Information Network (www.cninfo.com.cn). Mr. Xiong Shuo, the company's director and general manager, planned to reduce his shareholding by no more than 656,250 shares (approximately 0.10% of the total share capital) through centralized bidding on the stock exchange within three months from 15 trading days after the pre-disclosure announcement (i.e., from November 12, 2025, to February 11, 2026). Mr. Chen Baiyuan, the deputy general manager, planned to reduce his shareholding by no more than 568,750 shares (approximately 0.09% of the total share capital) during the same period. Mr. Hu Xianghua, also a deputy general manager, planned to reduce his shareholding by no more than 525,000 shares (approximately 0.08% of the total share capital), and Mr. Wang Zhenjin, another deputy general manager, planned to reduce his shareholding by no more than 153,125 shares (approximately 0.02% of the total share capital).
On February 11, 2026, the company received a "Notice of Expiration and Implementation of Share Reduction Plans" from Mr. Xiong Shuo, Mr. Chen Baiyuan, Mr. Hu Xianghua, and Mr. Wang Zhenjin. As of the date of this announcement, the reduction plans of the aforementioned individuals have expired, and the implementation status is as follows:
1. Shareholder Reduction Status
- Shareholder Reduction Details