Ife Elevators (002774.SZ) controlling shareholder and its concerted parties plan to reduce their shareholding by not more than 3%.

Announcement from Ife Elevators (002774.SZ): The actual controller of the company, Luo Aiwen, and its concerted action person, Dongguan Kuaiyi Equity Investment Co., Ltd. ("Kuaiyi Equity"), and Hebi City Hesheng Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ("Hesheng Enterprise") plan to reduce their holdings of company shares through centralized bidding and block trades within 3 months after the disclosure of this announcement (i.e. from December 12, 2024 to March 11, 2025) by no more than 10.1 million shares, accounting for 3% of the company's current total share capital.