Ningbo Zhongbai (600857.SH) shareholder Zhang Jiangbo plans to reduce his holdings by no more than 1% of the shares.

Ningbo Zhongbai (600857.SH) released an announcement that, due to its own capital needs and project investment requirements, shareholder Zhang Jiangbo, who holds more than 5% of the company's shares, plans to reduce his holdings by a total of no more than 2.24 million shares through centralized bidding, with the reduction not exceeding 1% of the total shares of the company. The above-mentioned shareholder's reduction period is within 3 months after 15 trading days starting from the date of public disclosure of this reduction plan.