Western Region Gold announced that related natural person Yang Shengbin will reduce his holdings in Hongfa Ferroalloy from 61.2 million shares to 20 million shares, resulting in a decrease of registered capital from 0.12 billion yuan to 0.1 billion yuan. His shareholding percentage will drop from 51% to 41.2%, while Western Region Gold's shareholding percentage will increase from 49% to 58.8%. This capital reduction is necessary for the company's Global Strategy and development needs and aligns with the long-term interests of the company and its Shareholders.
西部黄金：关联方对参股公司宏发铁合金减资
Western Region Gold: Related party reduces capital of the joint venture company Hongfa Ferroalloy.
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