[] newsletter Huacan shareholders to complete the reduction, a group of financial change

The above Huacan photoelectric shareholders holding 5% shares of Zhejiang Jinyang complete the reduction

Yesterday (19) evening, HC semitek released a shareholder holding more than 5% shares reduction plan to complete the implementation of the announcement.

It is reported that the company received the "June 8, 2017 shareholder Zhejiang huaxunweb shares reduction plan this letter", said its plans in the date of the announcement 15 days after 3 months, in order to concentrate on the auction holdings of shares of the company is not more than 8356800 shares (representing the company's total capital ratio of 1%). In June 8, 2017 the company has issued "on the reduction of shareholders holding more than 5% plan" pre disclosure announcement (Bulletin No.: 2017-095).

As of August 14, 2017, Zhejiang huaxunweb disclosure shares reduction plan has been implemented in more than half of the time, a total of 2297700 shares, representing 0.27% of total share capital after the reduction, the number of shares of the company held 98192925 shares, accounting for 11.68% of the total shares of the company, the company in August 15, 2017 issued "on the shareholders holding more than 5% shares by the announcement of progress" (Notice No.: 2017-121).

As of August 30, 2017, Zhejiang huaxunweb holdings of 4180000 shares in total, more than half the number of holdings, the company's total share capital of 0.50%, after the reduction of the number of shares of the company held 96310625 shares, accounting for 11.45% of the total shares of the company, the company issued a "progress announcement about holding more than 5% shareholders holdings of shares in August 31, 2017" (Notice No.: 2017-137).

In September 19, 2017, the company received Zhejiang huaxunweb issued "shares reduction plan to complete this letter", as the notification of the date of issue, Zhejiang Xun has holdings of shares held by the company total 8351000 shares, representing the company's total share capital of 0.99%, has completed the reduction plan.

A person in charge of Finance in the group

The same evening, a group of announcement, the company recently received the company's chief financial officer Mr. Yang Wenhao written resignation. Because of the company's work arrangement, Mr. Yang Wenhao decided to resign from the company's chief financial officer duties. Mr. Yang Wenhao resigned as chief financial officer duties continue to serve as the company's other duties.

In addition, in September 18, 2017 the company held the third meeting of the ninth board of directors approved "on the appointment of the person in charge of Finance Bill", agreed to appoint Mr. Zhang Yingcan responsible for corporate finance, since the term by the board of directors until the date of expiry of the third session of the board.

The company said, Mr. Zhang Yingcan served as independent director of the company, during his tenure of independent directors for the company's management and operation put forward many effective opinions and suggestions. Mr. Zhang Yingcan has a basic knowledge of the operation of the listed company, familiar with the relevant laws, administrative regulations, rules and other normative documents, their qualifications, professional knowledge, working experience and ability, financial management experience capable of company treasurer job requirements, the professional qualification in accordance with provisions of "company law" and "articles of association".

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