---
title: "Three directors and executives of HONGCHENG ENVIRONMENT plan to reduce their holdings by a total of no more than 308,600 shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/224761601.md"
description: "HONGCHENG ENVIRONMENT announced that three directors and executives plan to reduce their holdings by a total of no more than 308,600 shares due to personal funding needs. Director Wan Feng intends to reduce his holdings by no more than 131,200 shares, while Vice General Managers Cao Mingshuai and Mao Yanping each plan to reduce their holdings by no more than 88,700 shares. The reduction will take place within three months after the announcement is disclosed, within 15 trading days, and the reduction price will be determined at market price"
datetime: "2025-01-13T11:39:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/224761601.md)
  - [en](https://longbridge.com/en/news/224761601.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/224761601.md)
---

# Three directors and executives of HONGCHENG ENVIRONMENT plan to reduce their holdings by a total of no more than 308,600 shares

According to the Zhitong Finance APP, HONGCHENG ENVIRONMENT (600461.SH) announced that Mr. Wan Feng, a director, intends to reduce his holdings by no more than 131,200 shares, accounting for no more than 0.0102% of the company's total share capital; Mr. Cao Mingshuai, a director and deputy general manager, intends to reduce his holdings by no more than 88,700 shares, accounting for no more than 0.0069% of the company's total share capital; Mr. Mao Yanping, a director and deputy general manager, intends to reduce his holdings by no more than 88,700 shares, accounting for no more than 0.0069% of the company's total share capital. The aforementioned directors and senior management personnel plan to reduce their holdings due to personal funding needs within three months after 15 trading days from the date of this announcement (subject to relevant regulations such as not trading during the window period), through centralized bidding, block trading, and other methods. The total number of shares they intend to reduce will not exceed 25% of their total holdings, and the reduction price will be determined based on the market price at the time of the reduction

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