Multiple shareholders of Zhejiang Founder Motor (002196.SZ) intend to collectively reduce their shareholding by a total of no more than 3.37%.

Zhejiang Founder Motor (002196.SZ) announced that the company's shareholders holding more than 5%, Mr. Zhang Min, Chairman Weng Weiwen, and senior executive Ms. Lu Meiling, plan to jointly reduce their holdings by no more than 16.7224 million shares, accounting for 3.37% of the company's total share capital.