Zhejiang Shengyang Science and Technology(603703.SH): National Defense Beidou plans to reduce its shareholding by no more than 3%

Zhejiang Shengyang Science and Technology (603703.SH) announced that Guojiao Beidou plans to reduce its holdings of company shares by no more than 12.4495 million shares through centralized bidding and block trading within 3 months after the disclosure of the reduction plan, starting from the date of the announcement and ending on May 31, 2025, in order to meet its own capital needs and optimize its corporate capital structure. The total reduction proportion shall not exceed 3% of the total share capital of the company.