"Quectel Wireless Solutions (603236.SH) controlling shareholder intends to reduce their shareholding by no more than 1%"

Quectel Wireless Solutions (603236.SH) announced that the company's controlling shareholder Qian Penghe intends to reduce his shareholding by a total of no more than 2.6457 million shares, representing 1% of the total share capital of the company, through centralized bidding and bulk trading due to personal financial needs.