Yalian Machinery (001395.SZ): Employee strategic placement asset management plan intends to reduce holdings by no more than 1.78% of shares.

Yalian Machinery (001395.SZ) announced that its shareholder Ping An Securities - Huatai Securities - Ping An Securities Yalian Machinery Employee Participation in Strategic Placement Collective Asset Management Plan (referred to as the "Employee Strategic Placement Asset Management Plan"), which holds a 1.78% stake, plans to reduce its holdings of the company's shares by no more than 2,017,500 shares (representing 1.78% of the company's total share capital) through block trades or centralized bidding within 90 days after 15 trading days from the date of the announcement's disclosure.