Guangdong Greenway Technology (688345.SH) ultimate controller and its concerted parties intend to reduce their shareholding by no more than 3%.

Guangdong Greenway Technology (688345.SH) announced that due to its own capital needs, the company's actual controller and chairman, Mr. Zhang Zhiping, and his concerted action persons, Bo Guangjuli and Qiaogeli, plan to reduce their holdings of the company's shares through centralized bidding or block trading. Mr. Zhang Zhiping plans to reduce his shareholding by a total of no more than 237,560 shares, representing no more than 2.35% of the company's total share capital; Bo Guangjuli plans to reduce his shareholding by a total of no more than 25,780 shares, representing no more than 0.25% of the company's total share capital; Qiaogeli plans to reduce his shareholding by a total of no more than 40,100 shares, representing no more than 0.40% of the company's total share capital.