Boyingte Welding: Qianhai Equity Fund and Zhongyuan Qianhai Fund have completed a reduction of 2.99% of their shares.

On July 18, Jin10 reported that Boying Special Welding announced that its shareholders Qianhai Equity Fund and Zhongyuan Qianhai Fund have completed their reduction plans. The Qianhai Equity Fund reduced its holdings by 876,600 shares through centralized bidding transactions and reduced 1,753,300 shares through Block Trading; the Zhongyuan Qianhai Fund reduced its holdings by 438,300 shares through centralized bidding transactions and reduced 876,600 shares through Block Trading. In total, 3,944,800 shares were reduced, accounting for 2.99% of the total share capital. After the reduction, the shareholding ratio of the Qianhai Equity Fund decreased to 3.41%, and the shareholding ratio of the Zhongyuan Qianhai Fund decreased to 1.71%. This reduction plan complies with relevant laws and regulations and will not lead to a change in the company's control.