Roshow Technology (002617.SZ) controlling shareholder Lusho Group and its concerted action parties intend to collectively reduce their shareholdings by no more than 3%.

Roshow Technology (002617.SZ) announced that the company has received a notification letter from its controlling shareholder, Lu Xiao Group Limited ("Lu Xiao Group"), regarding the share reduction plan. Lu Xiao Group and its concerted action parties, Kaixin Investment Management Limited - Kaixin Lu Xiao 1 Private Equity Securities Investment Fund, Kaixin Investment Management Limited - Kaixin Lu Xiao 2 Private Equity Securities Investment Fund, Mr. Lu Xiaojun, Ms. Li Boying, and Mr. Lu Yong, plan to reduce their holdings of the company's shares by a total of no more than 57.2752 million shares (i.e. not more than 3% of the total share capital excluding shares held in the company's repurchase special account) through centralized bidding and block trading methods.