Guanghua Group: Shareholder Guangfu Qichen plans to reduce its stake in the company by no more than 3%.

Guanghua Corporation announced that shareholder Hangzhou Guangfu Qichen Equity Investment Partnership Enterprise plans to reduce its holdings of the company's shares through centralized bidding and block trading within 3 months after the disclosure date of this announcement, a total of no more than 3,840,000 shares, accounting for no more than 3.00% of the company's total share capital.