Wuxi Huadong Heavy Machinery announced that shareholder Xuzhou Fenghu Zhuiguang Investment Partnership plans to reduce its shareholding by no more than 20,153,800 shares, accounting for 2% of the company's total share capital. Shareholder Chongqing Hexie Zhicheng Enterprise Management Partnership plans to reduce its shareholding by no more than 15,384,533 shares, accounting for 1.53% of the company's total share capital. The reduction method will be through block trade or centralized bidding, with the reduction period from December 18, 2024, to March 17, 2025. The reduction price will be determined based on the secondary market price and trading method at the time of reduction.