Xinghui Co., Ltd.: Cai Wenhua plans to reduce his stake in the company by 0.0438%
Stellar Emblem Corporation Announcement: Mr. Cai Wenhua, a director and deputy general manager of the company, plans to reduce his holdings of the company's shares by 202.5 thousand shares through centralized bidding within 3 months after 15 trading days from the date of the announcement, accounting for 0.0438% of the total share capital of the company. The reason for the reduction is the shareholder's fund demand. The source of the share reduction is the shares held before the company's initial public offering and the shares acquired through the company's 2022 restricted stock incentive plan. The reduction price will be determined based on market prices. Mr. Cai Wenhua is not the controlling shareholder or actual controller of the company, and the implementation of this reduction plan will not lead to a change in the company's controlling rights.
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