CWB Automotive Electronics (605005.SH) two executives plan to reduce their holdings by a total of not more than 128,500 shares.

CWB Automotive Electronics (605005.SH) announced that Mr. Zhou Ruzhong, the board secretary and CFO, and Mr. Yu Guotao, the deputy general manager, plan to reduce their holdings of the company's unrestricted tradable shares by no more than 94,700 shares and 33,800 shares, respectively, within 3 months after the announcement. The reduction will be done through centralized bidding and will not exceed 25% of their holdings, with the selling price based on the market price at the time of implementation.