Shandong Link Science and Technology (001207.SZ) controlling shareholder and director Chen Yougen intends to reduce his holdings by a total of no more than 500,000 shares.

Shandong Link Science and Technology (001207.SZ) announced that the company's controlling shareholder, Shandong Link Industry Group Co., Ltd. (referred to as "Link Industry") and director Chen Yougen plan to reduce their holdings of company shares through centralized bidding trading within three months after 15 trading days from the date of this announcement. Link Industry plans to reduce its holdings by no more than 300,000 shares (0.1501% of the total number of company shares excluding the shares in the company's repurchase special account), while director Chen Yougen plans to reduce his holdings by no more than 200,000 shares (0.1000% of the total number of company shares excluding the shares in the company's repurchase special account), totaling no more than 500,000 shares (0.2501% of the total number of company shares excluding the shares in the company's repurchase special account).