Zhejiang Heda Technology (688296.SH) shareholders and directors plan to reduce their holdings by no more than 4.74% of shares.

Zhejiang Heda Technology (688296.SH) announced that Gongqingcheng Dongxing Boyuan Investment Center (Limited Partnership), a shareholder holding 4.64% of the company's shares, plans to reduce its holdings within 3 months starting 3 trading days after the announcement disclosure date. Through centralized bidding, the number of shares to be reduced shall not exceed 3% of the company's total shares, i.e., no more than 3.2218 million shares. Through block trades, the number of shares to be reduced shall not exceed 4.64% of the company's total shares, i.e., no more than 4.9781 million shares. The total number of shares to be reduced shall not exceed 4.9781 million shares, and the total reduction ratio shall not exceed 4.64% of the company's total shares. Wang Xiaopeng, a director of the company, plans to reduce his holdings within 3 months starting 15 trading days after the announcement disclosure date through centralized bidding, by no more than 108,800 shares, representing no more than 0.1% of the company's total share capital.