Kunshan Dongwei Technology (688700.SH) shareholder Xie Yulong plans to reduce his shareholding by no more than 2%.

Kunshan Dongwei Technology (688700.SH) announced that shareholder Xie Yulong plans to reduce his holdings of the company's shares by no more than 5.96 million shares through block trading, with the reduction not exceeding 2% of the total share capital of the company. The block trading reduction will take place within 3 months after the announcement of the reduction plan, starting 15 trading days after the disclosure of the plan.