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Kehua Director to Trim Stake

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-- A Kehua Holdings (SHA:603161) director plans to reduce his holdings due to personal funding needs, according to a Thursday filing on the Shanghai bourse.

Zhu Haidong will offload up to 101,000 shares, or 0.05% of the Chinese turbocharger component manufacturer's total shares, between May 28 and Aug. 27 through centralized bidding.

Zhu currently holds 447,017 shares, or 0.23% of the company's total share capital.

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