According to Sanhui Electric's announcement, Yu Wenbiao, the shareholder holding a total of 11.08% of the company's shares, and Zhoushan Henghui Equity Investment Co., Ltd., and his co-actor Zhoushan Henghui Equity Investment Co., Ltd. plan to reduce their holdings by no more than 1% through centralized bidding and no more than 2% of the company's shares through bulk transactions. The reason for the reduction was their own financial needs. There is uncertainty about the implementation of this holdings reduction plan and will not lead to a change in the company's control.

According to Sanhui Electric's announcement, Yu Wenbiao, the shareholder holding a total of 11.08% of the company's shares, and Zhoushan Henghui Equity Investment Co., Ltd., and his co-actor Zhoushan Henghui Equity Investment Co., Ltd. plan to reduce their holdings by no more than 1% through centralized bidding and no more than 2% of the company's shares through bulk transactions. The reason for the reduction was their own financial needs. There is uncertainty about the implementation of this holdings reduction plan and will not lead to a change in the company's control.