Shareholder Beijing Ruize of SolaX Power Network Technology (688717.SH) plans to reduce its holdings by no more than 820,000 shares.

SolaX Power Network Technology (688717.SH) announced that its shareholder Beijing Ruizhe plans to reduce its holdings of the company's shares through centralized bidding and block trading. The total number of shares to be reduced shall not exceed 820,000 shares, with a reduction ratio of no more than 0.5125% of the company's total share capital.