Shanghai Pret Composites (002324.SZ) shareholders and executives plan to collectively reduce their holdings by no more than 0.57% of shares.

Shanghai Pret Composites (002324.SZ) announced that specific shareholder Mr. Zhou Wu, who holds 5.9853 million shares of the company (accounting for 0.55% of the total share capital excluding shares held in the repurchase special securities account), plans to reduce his holdings by a total of no more than 5.9853 million shares through centralized bidding and block trading due to personal financial needs. Another shareholder, Mr. Li Hong, the Vice General Manager of the company, who holds 846,400 shares of the company (accounting for 0.08% of the total share capital excluding shares held in the repurchase special securities account), also plans to reduce his holdings by a total of no more than 211,600 shares through centralized bidding and block trading due to personal financial needs.