Vice Chairman Yang Quanming of Jihua Group (603980.SH) plans to reduce his shareholding by no more than 0.3%.

Wisdom Financial News APP, Yihua Group (603980.SH) announced that director and vice chairman Yang Quanming plans to reduce his holdings of the company's shares by no more than 200,870 shares through centralized bidding within 3 months after 15 trading days from the date of the disclosure of the announcement (excluding the period prohibited by the China Securities Regulatory Commission and the Shanghai Stock Exchange). The reduction shall not exceed 0.3% of the total share capital of the company, in accordance with the market price situation.