Baiwei Storage (688525.SH) part of the board of directors and senior management plan to reduce their holdings in the company's shares.

Zhicheng Financial APP News, Baiwei Storage (688525.SH) announced that the company has recently received intention letters to reduce holdings from some directors and senior management personnel in order to alleviate the financial pressure of subscribing for restricted stocks. Mr. He Han intends to reduce the number of shares by up to 44,750 shares through centralized bidding trading, which is not more than 0.0097% of the total share capital of the company; Mr. Xu Qian intends to reduce the number of shares by up to 5,625 shares through centralized bidding trading, which is not more than 0.0012% of the total share capital of the company; Mr. Wang Can intends to reduce the number of shares by up to 16,875 shares through centralized bidding trading, which is not more than 0.0037% of the total share capital of the company; Mr. Huang Yanfeng intends to reduce the number of shares by up to 7,875 shares through centralized bidding trading, which is not more than 0.0017% of the total share capital of the company; Mr. Liu Yang intends to reduce the number of shares by up to 5,625 shares through centralized bidding trading, which is not more than 0.0012% of the total share capital of the company; Mr. Cai Dong intends to reduce the number of shares by up to 3,375 shares through centralized bidding trading, which is not more than 0.0007% of the total share capital of the company.