Shijihengtong Technology (301428.SZ) was reduced by a total of 1.02 million shares by shareholder Jun Shengtai Shi.

Shijihengtong Technology (301428.SZ) announced that the company has received a notice from Junshengtaishi regarding the reduction of their shareholding by more than 1%. Junshengtaishi has cumulatively reduced their shareholding in the company by 1.02 million shares through block trading, representing 1.04% of the total share capital after excluding the shares held in the repurchase special securities account, with a change in shareholding exceeding 1%. The company has also received a notice from Lava Innovation, a institutional shareholder holding more than 5% of the shares, and its concerted parties (Lava Stability, Lava New Wave, Lava New Opportunity, Lava New Era, and Eastern Lava) regarding the completion of their share reduction plan. Lava Innovation and its concerted parties have cumulatively reduced their shareholding in the company by 1.9165 million shares through centralized bidding and block trading, representing 1.96% of the total share capital after excluding the shares held in the repurchase special securities account. The share reduction plan has been successfully implemented.