Changhua Chemical Technology (301518.SZ) shareholders plan to reduce their shareholding by no more than 3%.

Changhua Chemical Technology (301518.SZ) has announced that the company recently received a notice from specific shareholders Xiamen Chuangfeng and its concerted action parties Xiamen Xin Rui, Ningbo Chuangfeng regarding their share reduction plan. The plan is to reduce their holdings of the company's shares by no more than 4.1742 million shares (3% of the total share capital excluding repurchased shares) through centralized bidding or block trading within 3 months after the disclosure of the announcement.