Zhongji Innolight's controlling shareholder Zhongji Holdings plans to reduce its holdings by no more than 5.5 million shares.

Zhongji Innolight (300308.SZ) announced that the company's controlling shareholder Shandong Zhongji Investment Holdings Co., Ltd. (referred to as "Zhongji Holdings") plans to reduce its shareholding in the company by no more than 5.5 million shares through block trading method within the next three months, accounting for 0.49% of the company's total share capital.