Hefei Urban Construction Development Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- Hefei Industrial Investment Holding Co., Ltd. (hereinafter referred to as "Industrial Holding"), which holds 180,144,103 shares (22.43% of the total share capital) of the Company, plans to reduce its holdings by no more than 8,032,900 shares (not exceeding 1% of the total share capital) through centralized bidding within three months starting from 15 trading days after the announcement (from June 29, 2026, to September 28, 2026).
- Mr. Wang Qingsheng, a director and general manager holding 45,514 shares (0.0057% of the total share capital), plans to reduce his holdings by no more than 11,378 shares (not exceeding 0.0014% of the total share capital, and not exceeding 25% of his total holdings) through centralized bidding within the same period.
I. Basic Information of Shareholders
| No. | Shareholder Name | Shareholder Identity | Number of Shares Held | Percentage of Total Share Capital |
|---|---|---|---|---|
| 1 | Hefei Industrial Investment Holding Co., Ltd. | Shareholder holding over 5% | 180,144,103 | 22.43% |
| 2 | Wang Qingsheng | Director, General Manager | 45,514 | 0.0057% |
II. Main Content of the Reduction Plan
- Shareholder Name, Reason for Reduction, Number and Proportion of Shares to be Reduced
| Shareholder Name | Reason for Reduction | Number of Shares to be Reduced | Percentage of Total Share Capital |
|----------------------------------------|----------------------|-------------------------------|----------------------------------|
| Hefei Industrial Investment Holding Co., Ltd. | Funding needs | Up to 8,032,900 | 1% |
| Wang Qingsheng | Personal funding arrangement | Up to 11,378 | 0.0014% |