Shandong Xinhua Pharmaceutical's Board Secretary Cao Changqiu Plans to Reduce Holdings by No More Than 83,300 Shares

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Shandong Xinhua Pharmaceutical Co., Ltd. (00719) announced that the company recently received a "Notice of Share Reduction Plan" from Mr. Cao Changqiu, the company's Board Secretary. He plans to reduce his holdings of company shares by no more than 83,300 shares through centralized bidding within 3 months after 15 trading days from the date of this announcement, accounting for 0.012% of the company's total share capital.

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