联明股份：关于减资退出控股子公司的公告

Core Viewpoint - The company, Lianming Co., announced its decision to reduce its stake in Tianjin Junhe Industrial Co., effectively exiting its investment in the subsidiary [1] Group 1: Company Actions - Lianming Co. held a board meeting on August 11, 2025, where it approved the proposal to reduce its investment in Junhe Industrial [1] - The company currently owns 51.00% of Junhe Industrial and plans to exit this investment through a capital reduction [1] - Following the completion of this capital reduction, Lianming Co. will no longer hold any equity in Junhe Industrial, which will be removed from the company's consolidated financial statements [1]