Shareholder Zhang Yunlan of Qingdao Kutesmart Co., Ltd. (300840.SZ) plans to reduce their shareholding by not more than 2%.

Announcement from Qingdao Kutesmart Co.,Ltd. (300840.SZ): The company's controlling shareholder and actual controller, Ms. Zhang Yunlan, plans to collectively reduce her holdings of the company's shares by a total of no more than 4.8 million shares (2% of the total share capital) through centralized bidding and block trading within 3 months after the date of this announcement, starting from 15 trading days after the disclosure of this announcement.