According to Zhitong Finance App News, Huiyuan Communications (000586.SZ) announced that Mr. Jiang Guoxiang, a shareholder holding 10.41 million shares of Sichuan Huiyuan Optical Communications Co., Ltd. (hereinafter referred to as “Huiyuan Communications” or the “Company”), plans to reduce the company's holdings by no more than 1 million shares (0.52% of the company's total share capital) within three months after 15 trading days from the date of the announcement of the reduction plan.