Guoguang Electric (688776.SH) shareholders and executives plan to jointly reduce their shareholding by a maximum of 3.85%.

Zhtng Cijng APP News, Guoguang Electric (688776.SH) announced that, due to its own capital needs, the shareholder Guozhiguang plans to reduce its holdings of the company's shares through a combination of centralized bidding and bulk trading. The total number of shares to be sold shall not exceed 914,500 shares, which is no more than 0.84% of the company's total share capital. The reduction period shall be within three months after the 15th trading day following the disclosure of this announcement.