One of the controlling shareholders of Wuhan Fingu Electronic Technology (002194.SZ), Meng Qingnan, and his concerted action parties plan to reduce their shareholding by no more than 3%.

Wuhan Fingu Electronic Technology (002194.SZ) announced that the company has received a "Notification Letter of Share Reduction Plan" from Mr. Meng Qingnan, one of the company's controlling shareholders and actual controllers, and his concerted action person Mr. Meng Fanbo. The total share reduction plan does not exceed 20,498,574 shares (equivalent to 3% of the company's total share capital).