Shenzhen Bingchuan Network (300533.SZ) intends to reduce its controlling shareholder's stake by 2% through a large-scale transaction.

Shenzhen Bingchuan Network (300533.SZ) announced that the company's controlling shareholder and actual controller Liu Heguo plans to reduce his holding of 4,686,000 shares (2% of the total share capital of the company) through block trading within 3 months after 15 trading days from the disclosure date of this announcement (i.e. from March 19, 2025 to June 18, 2025, excluding the period prohibited by the China Securities Regulatory Commission and Shenzhen Stock Exchange).