Weihong Shares: The controlling shareholder and directors propose to collectively reduce their holdings of the company by no more than 1.4%.

On the evening of May 18, Weihong Co. announced that the company's controlling shareholder Zheng Zhikai and his concerted action person Hu Xiaoqin plan to reduce their total holdings in the company by no more than 1.25%. Director Zhao Dongjing plans to reduce his holdings in the company by no more than 0.15%. The above-mentioned shareholders plan to reduce their total holdings in the company by no more than 1.4%.