Reduction of the second largest shareholder of the

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The second largest shareholder of Guofeng plastic industry reduced its holdings of

Guofeng plastic and the extension rate gradually fell. According to the announcement, the second largest shareholder of the company, Industrial Securities Co., Ltd., reduced its holdings of 1996.6146 million shares of the company on January 8, 2003. After this reduction, industrial securities still holds one share of the company, which is the remaining shares generated by the company's allotment in 2002. The remaining shares are frozen together with the shares allocated by the company's directors, supervisors and senior managers

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