Asia Cuanon Technology (603378.SH): Focused Fund plans to reduce its holdings by no more than 1%.

Asia Cuanon Technology (603378.SH) announced that, based on its own financial arrangement and operational needs, Zhuhai Hengqin Caidong Fund Management Co., Ltd. - Caidong Huixin 4th private equity securities investment fund (referred to as "Caidong Fund") plans to reduce its holdings of the company's shares by no more than 4.286 million shares, accounting for 1% of the total share capital of the company, through centralized bidding and block trading. The reduction plan will be carried out within 3 months after the disclosure of the reduction plan, starting from the day when the reduction plan is disclosed. The reduction price will be determined based on the market price at the time of implementation of the reduction.