Shandong Huifa Foodstuff (603536.SH) plans to reduce its shareholding by no more than 3%.

Shandong Huifa Foodstuff (603536.SH) announced that on November 24, 2025, the company received a "Notification of Reduction Plan" from Mr. Hu Xiping. Due to his own financial needs, Mr. Hu Xiping plans to reduce his holdings by no more than 2.4238 million shares through centralized bidding within 3 months after the disclosure date of the announcement, representing 1% of the company's total share capital and 14.87% of his total holdings; and to reduce his holdings by no more than 4.8476 million shares through block trading within 3 months after the disclosure date of the announcement, representing 2% of the company's total share capital and 29.75% of his total holdings.