According to the announcement of Huhua Co., Ltd., the company issued 42.8013 million common shares to specific targets at an issue price of 13.69 yuan/share. After the issuance was completed, the total share capital increased from 200 million shares to 243 million shares. None of the company's directors and senior management participated in this subscription, the number of shares held did not change, and the shareholding ratio was passively diluted due to the increase in total share capital. Among them, Chairman Qin Dong held 20 million shares, and the shareholding ratio dropped from 10.00% to 8.24%; the shareholding ratio of the remaining directors and supervisors all declined to varying degrees; independent directors and board secretaries did not hold shares in the company.

According to the announcement of Huhua Co., Ltd., the company issued 42.8013 million common shares to specific targets at an issue price of 13.69 yuan/share. After the issuance was completed, the total share capital increased from 200 million shares to 243 million shares. None of the company's directors and senior management participated in this subscription, the number of shares held did not change, and the shareholding ratio was passively diluted due to the increase in total share capital. Among them, Chairman Qin Dong held 20 million shares, and the shareholding ratio dropped from 10.00% to 8.24%; the shareholding ratio of the remaining directors and supervisors all declined to varying degrees; independent directors and board secretaries did not hold shares in the company.