Beijing Huafeng Test & Control Technology (688200.SH)'s controlling shareholder and actual controller plan to reduce their shareholding by no more than 2.01%.

Beijing Huafeng Test & Control Technology (688200.SH) announced that, due to its own fund arrangement needs, the company's controlling shareholder Xin Hua Holdings plans to reduce its holdings of the company's shares through centralized bidding (including after-hours fixed-price trading) and block trading by no more than 2.00% of the total share capital, totaling not more than 2.71 million shares. Due to its own fund arrangement needs, the company's actual controller, director, and senior management Mr. Xu Jieshuang plans to reduce his holdings of the company's shares through centralized bidding by no more than 0.01% of the total share capital, totaling not more than 1.14 thousand shares.