Core Viewpoint - The announcement details the share reduction plans of key executives at Guangdong Guanghua Technology Co., Ltd., including the chairman, CFO, and board secretary, citing personal financial needs as the reason for the reductions [3][4][7]. Shareholder Basic Information - The chairman, Mr. Chen Hanzhao, holds 24,912,880 shares and plans to reduce his holdings by up to 4,650,223 shares, which is no more than 1% of the total share capital [3][5]. - The CFO, Ms. Cai Wen, holds 333,300 shares and intends to reduce her holdings by up to 83,325 shares, representing no more than 0.02% of the total share capital [3][8]. - The board secretary, Mr. Yang Rongzheng, holds 178,300 shares and plans to reduce his holdings by up to 44,575 shares, which is no more than 0.01% of the total share capital [3][8]. Reduction Plan Details - The reduction period for all three executives will commence 15 trading days after the announcement and will last for three months [5][8]. - The method of reduction will be through centralized bidding [6][8]. - The selling price will be determined based on market conditions at the time of the sale [7][8]. Commitment and Compliance - Mr. Chen Hanzhao has committed to not transferring shares held prior to the company's IPO for 12 months and has specific conditions for any future reductions [9][10]. - Both Ms. Cai Wen and Mr. Yang Rongzheng have similar commitments regarding the transfer of their shares during their tenure and after leaving the company [10][11]. - As of the announcement date, all three executives have adhered to their previous commitments without any violations [11].
广东光华科技股份有限公司关于公司部分董事及高级管理人员减持股份的预披露公告