Honglin Power: Weihai Bochuang and its concerted parties plan to collectively reduce their shareholding by no more than 1%.

Honglin Power announced on April 26th that its shareholders Weihai Bohua Equity Investment Center, Weihai Ruiguan Equity Investment Center, and Weihai Ruichuang Investment Center, who collectively hold a 10.66% stake in the company, plan to collectively reduce their holdings by no more than 3.891 million shares through centralized auction trading.