Shareholder Chun Rong Investment of Shanghai Kaytune Industrial (301001.SZ) plans to reduce its holdings by no more than 2%.

Announcement from Shanghai Kaytune Industrial (301001.SZ): The company's shareholder Shanghai Chunrong Investment Center (Limited Partnership) (referred to as "Chunrong Investment") plans to reduce its holdings of the company's shares through centralized bidding or block trading from February 19, 2025 to May 18, 2025, with a total reduction of no more than 1.6 million shares (i.e. not more than 2% of the total share capital of the company).