Suqian Unitech Corp., (603065.SH) shareholder Source Smart intends to reduce its shareholding by no more than 3%.

Suqian Unitech Corp. (603065.SH) announced that it has recently received a "Stock Reduction Plan Informing Letter" from Ningbo Meishan Bonded Port Area Fangyuan Zhihe Investment Management Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Fangyuan Zhihe"). Fangyuan Zhihe plans to reduce its holdings of company shares through centralized bidding, block trading, and other methods permitted by laws and regulations. The reduction will take place within 3 months after the announcement of the reduction plan, starting from the day of the announcement and lasting from December 12, 2024, to March 11, 2025. The reduction price will be determined based on market prices. The total number of shares to be reduced will not exceed 12.569 million shares, accounting for 3% of the total share capital of the company.