Hangzhou Weiguang Electronic (002801.SZ)'s specific shareholder Weiguang Investment plans to reduce their shareholding by no more than 3 million shares.

Hangzhou Weiguang Electronic (002801.SZ) announced that a specific shareholder, Hangzhou Weiguang Investment Partnership Enterprise (Limited Partnership) (referred to as "Weiguang Investment"), plans to reduce the number of company shares by a total of no more than 3 million shares within the three months after fifteen trading days of this reduction plan announcement through centralized auction trading or block trading (not exceeding 1.32% of the total share capital excluding shares in the repurchase special account).