Gold Cup Electric Apparatus (002533.SZ) executives plan to collectively reduce their holdings by no more than 1.7713% of the shares.

Gold Cup Electric Apparatus (002533.SZ) announced that Mr. Zhou Zuqin, a director and president holding 45.7184 million shares of the company (accounting for 6.2292% of the total share capital of the company, and 6.2844% after excluding the repurchased shares), plans to reduce his holdings by no more than 11 million shares (accounting for 1.4988% of the total share capital of the company, and 1.5120% after excluding the repurchased shares) through centralized bidding or bulk trading within 3 months after 15 trading days from the date of this announcement. Mr. Fan Zhihong, vice chairman and vice president holding 17.8138 million shares of the company (accounting for 2.4271% of the total share capital of the company, and 2.4487% after excluding the repurchased shares), plans to reduce his holdings by no more than 2 million shares (accounting for 0.2725% of the total share capital of the company, and 0.2749% after excluding the repurchased shares) through centralized bidding or bulk trading within 3 months after 15 trading days from the date of this announcement.