Three directors and executives of Asia Cuanon Technology (603378.SH) plan to reduce their holdings by a total of no more than 4.038 million shares.

Asia Cuanon Technology (603378.SH) announced that, due to personal fund needs, directors and senior executives Shen Gang, Xu Zhixin, and Wang Yongjun plan to reduce their holdings of the company's shares by no more than 4.038 million shares through the Shanghai Stock Exchange trading system in a centralized bidding and block trading manner, representing no more than 0.9422% of the total number of company shares, and no more than 25% of their respective individual holdings. The reduction will take place within 3 months after the disclosure of the reduction plan, with the reduction price to be determined based on the market price at the time of implementation.