Shanghai STEP Electric Corporation (002527.SZ) director Wang Chunxiang plans to reduce holdings by no more than 1 million shares.

Shanghai STEP Electric Corporation (002527.SZ) announced that Mr. Wang Chunxiang, a director, plans to reduce his holdings of the company's shares by 1 million shares (accounting for 0.15% of the company's total share capital) through centralized bidding transactions or block trades within 3 months after 15 trading days from the date of disclosure of this announcement.