Xinghuan Technology (688031.SH): Lin Zhi Li proposes to reduce his shareholding by no more than 3%.

Xinghuan Technology (688031.SH) announced that the company recently received a notice from shareholder Lin Zhili Chuang regarding the reduction of shares in Xinghuan Information Technology (Shanghai) Co., Ltd. Due to the shareholder's own arrangement, Lin Zhili Chuang plans to reduce his total holdings of the company's shares by no more than 3% of the company's total share capital, totaling up to 3.6339 million shares based on market conditions.