On December 29th, Huaguang New Materials announced that shareholder Wang Xiaorong, who holds more than 5% of the company’s shares, plans to reduce her total holdings of the company’s shares by no more than 1000000 shares through bulk trading or centralized bidding, which is no more than 1.1180% of the company’s total share capital. The above reduction plan will be carried out within three months after fifteen trading days from the date of this announcement, from January 22, 2025 to April 21, 2025.
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