One of the controlling shareholders of QiaoYin City Management (002973.SZ), Guo Beihua, plans to reduce their holdings by no more than 1% through centralized competitive bidding.

QiaoYin City Management (002973.SZ) announced that Ms. Guo Beihua, one of the company's controlling shareholders and actual controllers, plans to reduce her shareholding in the company through block trades by no more than 8.17 million shares (not exceeding 2% of the company's current total share capital) within three months from the date of this announcement, starting from December 9, 2024 to March 8, 2025. Additionally, she plans to reduce her shareholding through centralized competitive bidding by no more than 2.2 million shares (not exceeding 1% of the company's current total share capital).