Shandong Yabo Technology's shareholder Shenzhen Zhaoping has completed the reduction of their holdings by 3%.

Shandong Yabo Technology (002323.SZ) announced that from December 3, 2024 to February 27, 2025, the shareholder Shenzhen Zhaoping Xiejin No. 2 Investment Center (Limited Partnership) (referred to as "Shenzhen Zhaoping") has cumulatively reduced its holdings of the company's shares by 63.6256 million shares, accounting for 3% of the company's total share capital. This reduction plan has been fully implemented.