Hualian Holdings announced that the company's senior managers, Su Qin and Kong Qingfu, plan to reduce their holdings of 152,513 shares and 126,653 shares respectively through centralized bidding within 3 months of 15 trading days from the date of publication of the announcement, totaling no more than 279,166 shares, accounting for 0.0203% of the company's total share capital after excluding repurchases of shares. The reason for the reduction in holdings was personal financial planning. Shares stemmed from equity incentives in 2015 and an increase in holdings in 2018. This reduction in holdings will not lead to a change in the company's control and will have no significant impact on the company's operations.

Hualian Holdings announced that the company's senior managers, Su Qin and Kong Qingfu, plan to reduce their holdings of 152,513 shares and 126,653 shares respectively through centralized bidding within 3 months of 15 trading days from the date of publication of the announcement, totaling no more than 279,166 shares, accounting for 0.0203% of the company's total share capital after excluding repurchases of shares. The reason for the reduction in holdings was personal financial planning. Shares stemmed from equity incentives in 2015 and an increase in holdings in 2018. This reduction in holdings will not lead to a change in the company's control and will have no significant impact on the company's operations.