Henan Yicheng New Energy (300080.SZ) major shareholder Kaifeng Fa Tou completed the reduction of 18.5 million shares.

Henan Yicheng New Energy (300080.SZ) announced that its shareholder Kaifeng Development Investment Group Co., Ltd. (referred to as "Kaifeng Investment") holding more than 5% of the company's shares has reduced its holdings by 18.5 million shares through centralized bidding trading, accounting for 0.99% of the total share capital of the company. The share reduction plan has been successfully implemented.