Hangzhou Huning Elevator Components Co., Ltd. (hereinafter referred to as "the Company") disclosed on January 19, 2026, on the Giant Tide Information Network, the "Pre-disclosure Announcement on Share Reduction by Shareholders Holding Over 5% and Their Concerted Actors" (Announcement No. 2026-002). The concerted actor of shareholders holding over 5%, Hangzhou Sidafu Investment Management Co., Ltd. (hereinafter referred to as "Sidafu"), plans to reduce its shareholding by no more than 1,755,000 shares (accounting for 0.9155% of the total share capital excluding shares in the repurchase special account) within three months after the announcement date through centralized bidding and block trading.
Recently, the Company received a notification letter from Sidafu regarding the share reduction, informing that Sidafu reduced its shareholding by a total of 447,800 shares through centralized bidding from February 12 to February 24, 2026, accounting for 0.2336% of the total share capital excluding shares in the repurchase special account. After this change, the total shareholding of shareholders holding over 5% and their concerted actors decreased from 86,708,695 shares to 86,260,895 shares, reducing the ownership percentage from 45.2336% to 45.0000%, thereby reaching the 1% and 5% thresholds.