Kinco Automation (Shanghai) Co., Ltd. (688160.SH): Some shareholders intend to reduce their total holdings by no more than 1%.

Kinco Automation (Shanghai) Co., Ltd. (688160.SH) announced that its shareholder Tongxin Zhongyi Plan, holding more than 5% of the shares, plans to reduce its holdings by a total of no more than 210,000 shares (0.25% of the total share capital of the company) through centralized bidding and block trading. Director Mr. Chi Jiawu plans to reduce his direct holdings by a total of no more than 630,000 shares (0.75% of the total share capital of the company) through centralized bidding and block trading. The reduction period will be within 3 months after 15 trading days from the date of this announcement of the reduction plan.