Shareholders Deqing Xili, Deqing Juyuan, and Yu Jianping of Hangzhou Xili Intelligent Technology (688616.SH) plan to reduce their holdings by no more than 2.08%.

Hangzhou Xili Intelligent Technology (688616.SH) announced that the company has recently received notifications from shareholders Deqing Xili, Deqing Juyuan, and Mr. Yu Jianping regarding the reduction of company shares. Deqing Xili plans to reduce its holding of company shares by no more than 1.194 million shares, or 0.67% of the total share capital, through centralized bidding or block trading within 15 days from the date of this announcement. Deqing Juyuan plans to reduce its holding of company shares by no more than 1.027 million shares, or 0.57% of the total share capital, through centralized bidding or block trading within 3 months after 15 trading days from the date of this announcement. Mr. Yu Jianping plans to reduce his holding of company shares by no more than 1.5 million shares, or 0.84% of the total share capital, through centralized bidding within 3 months after 15 trading days from the date of this announcement.