Hongyu Co., Ltd.: Senior executive Liu Zhihong plans to reduce holdings of no more than 0.59% of the company's shares.

Hongyu Co., Ltd. announced that senior management member Liu Zhihong, who holds a 2.53% stake, plans to reduce his holdings of the company's shares by no more than 1 million shares through centralized bidding trading within 3 months after 15 trading days.