According to the announcement from Zhitong Finance APP, Hangzhou Huaguang Advanced Welding Materials (688379.SH), shareholder Wang Xiaorong has cumulatively reduced the company's shareholding by 0.2304 million shares, accounting for 0.26% of the company's current total share capital. Currently, Ms. Wang Xiaorong holds more than 5% of the shares with a quantity of 0.061 million shares, which does not meet the bulk trading volume requirements. She can only reduce her shareholding through centralized auction trading. Since the method of reduction in this plan does not include centralized auction trading, the plan has been terminated early. A new shareholding reduction plan will be initiated for future implementation.