
Huawu Co., Ltd.'s controlling shareholder and its concerted parties plan to reduce their holdings by no more than 3%

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According to the Zhitong Finance APP, Huawu Co., Ltd. announced that the company's controlling shareholder Mr. Nie Jinghua and his concerted actor Ms. Nie Lulu plan to reduce their holdings of the company's shares by no more than 11.8328 million shares (accounting for no more than 3% of the company's total share capital after excluding shares in the repurchase special account) within three months after fifteen trading days from the date of the announcement through centralized bidding and/or block trading
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