Liwang Co., Ltd.: Director and Secretary Zhang Yinghua has reduced holdings by 0.0413%

Power King Co., Ltd. announcement. The director and company secretary of the board of directors, Zhang Yinghua, has completed the share reduction plan. From January 7, 2026 to March 11, 2026, he reduced 39,000 shares through centralized bidding, accounting for 0.0413% of the total share capital. The share reduction price range was 24.1 yuan to 28.2 yuan, for proceeds of 98.55 million yuan. After the reduction, he holds 117,000 shares, accounting for 0.1239% of the total share capital, compared with 156,000 shares before the reduction, accounting for 0.1652%.

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