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Hanghua Co., Ltd.: Shareholder plans to reduce holdings by no more than 3% of the company's shares
People’s Finance News, March 31—Hanghua Shares (688571) announced on March 31 that the shareholder, T&K TOKA Co., Ltd., which holds 26.36% of the shares, plans to reduce its holdings of the company’s shares totaling no more than 12.7251 million shares in aggregate, due to its own capital needs, by using centralized bidding and block trades. The proportion of the company’s total share capital will be no more than 3%.