Ruijie Networks (301165.SZ): The employee strategic placement fund plans to reduce its holdings of the company's shares by no more than 0.78%.

Ruijie Networks (301165.SZ) announces that the company's shareholder CITIC SEC-Industrial Bank-CITIC SEC, holding 0.78% of the shares, plans to reduce their holdings by up to 4,439,400 shares (0.78% of the total share capital) through block trading within 3 months after the disclosure of the announcement, starting from 15 trading days after the announcement of the Employee Strategic Placement Asset Management Plan.