Gelonghui, December 17, announces that Zhonghuan Hailu (301040.SZ) has disclosed that Jiangsu Jianghai Machinery Co., Ltd. plans to reduce its shareholding within three months after the announcement, not exceeding 1% of the total shares of the company through centralized bidding trading, and not exceeding 2% of the total shares of the company through block trading. The total number of shares to be reduced shall not exceed 3,000,000 shares, which is no more than 3.0000% of the company's total equity.
Director and Deputy General Manager Mr. Song Yadong plans to reduce a total of no more than 63,125 shares of the company through centralized bidding trading within three months after the announcement, accounting for approximately 0.0631% of the company's total equity. Deputy General Manager Mr. Dai Yutong plans to reduce a total of no more than 112,500 shares of the company through centralized bidding trading within three months after the announcement, accounting for approximately 0.1125% of the company's total equity.