Hao Tai Tai: Shareholder Hou Pengde Plans to Reduce Holdings of No More Than 3% of Company Shares

People’s Financial News, March 17 — Haotaitai (603848) announced on March 17 that shareholder Hou Pengde, who owns 4.72% of the shares, plans to reduce his holdings through block trades due to personal funding needs, with a total reduction of no more than 8.048 million shares, accounting for no more than 2% of the company’s total share capital; and through centralized bidding, with a total reduction of no more than 4.024 million shares, accounting for no more than 1% of the company’s total share capital.

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