Hangzhou Huaguang Advanced Welding Materials (688379.SH) shareholder Wang Xiaorong has completed the reduction of 230,400 shares.

Hangzhou Huaguang Advanced Welding Materials (688379.SH) announced that its shareholder Wang Xiaorong has accumulated a reduction of 230,400 shares of the company through block trading, accounting for 0.26% of the current total share capital of the company. Currently, Ms. Wang Xiaorong holds 61,000 shares of the company, which is more than 5% of the total shares, but this number does not meet the block trading volume requirements. As a result, the shares can only be reduced through centralized bidding trading. Since the reduction method in this plan does not include centralized bidding trading, the current reduction plan is terminated in advance. A new reduction plan will be initiated for further implementation.