Zhejiang Xinhua Chemical (603867.SH) director plans to reduce holdings by no more than 75,200 shares.

Zhejiang Xinhua Chemical (603867.SH) announced that Mr. Fang Junwei, a director of the company, intends to reduce his shareholding by no more than 75,200 shares, or 0.0390% of the total share capital, within three months after the 15th trading day following the disclosure of the share reduction plan for personal fund needs. The reduction will be carried out through centralized bidding.