Guanghua Stock: Guangfu Qichen plans to reduce its holding of the company's shares by no more than 3%.

Guanghua Corporation Announcement: Shareholder Guangfu Qichen, who holds 3.22% of the company's shares, plans to reduce his holdings by no more than 3% of the total share capital through centralized bidding and block trading within 3 months after 15 trading days from the disclosure of this announcement. Among them, the shareholder will not reduce his holdings by more than 1% of the total share capital through centralized bidding in any continuous 90 natural days, or by more than 2% of the total share capital through block trading. The reason for the reduction is the shareholder's own need for funds, and the reduction price will be determined based on market prices. Guangfu Qichen is not a controlling shareholder or actual controller of the company, and this reduction will not affect the company's control or ongoing operation.