Guanghua Technology (002741.SZ) plans to reduce its shares held by some directors and executives.

Zhitong Finance and Economics APP News, Guanhua Technology (002741.SZ) announced that Mr. Chen Hanzhao, the chairman holding 24.9129 million shares of the company, intends to reduce his holdings by no more than 4.6502 million shares through centralized bidding within 3 months after 15 trading days from the date of this reduction plan announcement. Ms. Cai Wen, the CFO holding 33.33 million shares of the company, intends to reduce her holdings by no more than 0.8333 million shares through centralized bidding within 3 months after 15 trading days from the date of this reduction plan announcement. Mr. Yang Rongzheng, the secretary of the board holding 17.83 million shares of the company, intends to reduce his holdings by no more than 0.446 million shares through centralized bidding within 3 months after 15 trading days from the date of this reduction plan announcement.