In the announcement released on September 13, Gaolinghui reported that due to the shareholder's own capital needs, the shareholder Hanhuna Nalan De of the company, 688175.SH, intends to reduce the company's holdings through block trading and bulk trading. The total number of shares to be reduced does not exceed 3.7278 million shares, accounting for no more than 2.8660% of the total share capital of the company. The reduction will take place within 3 months after 15 trading days from the date of the reduction plan disclosure.
Among them, the total number of shares reduced by means of block trading within any consecutive 90 natural days shall not exceed 1.0000% of the total number of company shares; the total number of shares reduced by means of bulk trading within any consecutive 90 natural days shall not exceed 1.8660% of the total number of company shares.