Hengli Drilling Tools: Shareholders Fu Qiang and Director Tang Limei plan to each reduce their holdings by 0.49% and 0.33%, respectively.

Hengli Drilling Tools announcement: Shareholders with more than 5% ownership, Fu Qiang and Director Tang Limei, plan to reduce their holdings through centralized bidding and block trades, respectively, within three months after 15 trading days from the date the announcement is published. They intend to sell 300k shares and 200k shares, respectively, which account for 0.49% and 0.33% of the total share capital. The sale price for both will be no lower than 14.2 yuan per share. As of now, the two hold 1.6859 million shares and 1.19 million shares, representing 2.75% and 1.94%, respectively.

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