Partial shareholders of Grand Kangxi Communication Technologies (688653.SH) plan to collectively reduce their holdings by up to 3% of shares.

Grand Kangxi Communication Technologies (688653.SH) announcement: Shareholders Yancheng Economic and Technological Development Zone Yanwu Semiconductor Industry Fund (Limited Partnership) (referred to as "Yancheng Semiconductor") and shareholder Shanghai Linxin Investment Management Co., Ltd. - Gongqingcheng Kangsheng Entrepreneurship Investment Partnership Enterprise (Limited Partnership) (referred to as "Gongqingcheng Kangsheng") intend to reduce their holdings of the company's shares within 3 months after the disclosure of this reduction plan, starting from the date of the announcement, by using centralized competitive bidding and/or block trading methods, not exceeding 12.7344 million shares, accounting for 3% of the total share capital of the company.