Huahong Technology: Director Liu Weihua intends to reduce its stake in the company by 0.52%

Gate.io News, On December 10th, Jinse Data reported that Huahong Technology announced that its director and senior management personnel, Liu Weihua, plans to reduce his shares by no more than 3 million shares, which accounts for 0.52% of the total share capital of the company excluding the repurchased shares, through block trading within 3 months after 15 trading days from the date of the announcement. The reason for the reduction is the company’s own capital needs, and the reduction price will be determined according to the secondary market price at the time of reduction. Liu Weihua currently holds 12.546 million shares, accounting for 2.18% of the company’s total share capital. The implementation of this reduction plan will not cause a change in the control of the company, nor will it have a significant impact on the company’s governance structure and continuous operation.