Zhejiang Longsheng (600352.SH) announced that before the implementation of this reduction plan, Ruan Xingxiang, director of the company, held 34 million 238 thousand and 200 shares of the company, accounting for 1.0524% of the total share capital of the company. The director, deputy general manager and Secretary of the board of directors, Yao Jian Fang, held 8 million 655 thousand and 100 shares of the company, accounting for 0.2660% of the total share capital of the company.

In April 12, 2019, the company announced the announcement on the reduction of shareholding plans by directors. As of November 7, 2019, Ruan Xingxiang, the director of the company, had not implemented the reduction. The director, deputy general manager and Secretary of the board of directors Yao Jianfang held 2 million 163 thousand and 600 shares of the company's shares in November 6, 2019 by means of centralized auction, accounting for 0.0665% of the total share capital of the company. After the reduction, Yao Jianfang held 6 million 491 thousand and 500 shares of the company's stock, accounting for 0.1995% of the total share capital of the company, and the deadline for the reduction was expired.