Hanyu Group Joint-Stock (300403.SZ) controlling shareholders and some directors and executives plan to reduce their total holdings by no more than 1.6%.

Hanyu Group Joint-Stock (300403.SZ) announced that recently it has received notices of intention to reduce their holdings from the controlling shareholder Mr. Shihuashan and his concerted action parties Ms. Liang Yingguang and Ms. Guo Lihua, as well as from the director and vice general manager Mr. Wu Geming, and the director, vice general manager, and CFO Mr. Ma Chunshou. The total reduction of shares by the above-mentioned individuals is not to exceed 1.6026% of the company's shares.