Founder Technology Group (600601.SH) shareholder FOUNDER HOLD plans to reduce its shareholding by no more than 1%.

Announcement from Founder Technology Group (600601.SH): The company's shareholder, New FOUNDER HOLD Development Limited Liability Company (referred to as "New FOUNDER HOLD") plans to reduce its holdings of up to 41.7029 million shares of the company through centralized bidding trading method, with a reduction percentage not exceeding 1% of the total share capital of the company, due to its own funding needs. The reduction period will be within 3 months after 15 trading days from the disclosure date of this reduction plan (i.e. between March 10, 2025 and June 9, 2025), and the reduction price will be determined based on market prices.