Zhejiang Xinchai(301032.SZ) shareholders and some directors and senior executives plan to collectively reduce their shareholding by no more than 1.6%.

Announcement from Zhejiang Xinchai (301032.SZ): Shareholders, directors, general manager Zhu Guanlan, supervisor Liang Zhongqing, and senior management Zhang Chun, Gui Zinan plan to collectively reduce their holdings of the company's shares by no more than 3.8676 million shares, accounting for no more than 1.6% of the total share capital.