Jiangsu United Water Technology (603291.SH) shareholders plan to collectively reduce their holdings by no more than 1.0076% of shares.

Jiangsu United Water Technology (603291.SH) announced that its shareholders Shanghai Hengshen, Shanghai Hengtai, and Shanghai Hengtong are employee shareholding platforms established prior to the company's initial public offering and listing. Due to the retirement and departure of some employees on the shareholding platforms or their own funding needs, they plan to collectively reduce their holdings of the company's shares through centralized bidding by no more than 4.1145 million shares, accounting for 0.9722% of the company's total share capital. The reduction will be carried out within three months after 15 trading days from the date of disclosure of the reduction announcement. The shares to be reduced this time do not involve shares held by the company's directors and senior management through the employee shareholding platforms Shanghai Hengshen, Shanghai Hengtai, and Shanghai Hengtong, but involve shares held by the company's (former) supervisors through Shanghai Hengshen and Shanghai Hengtong. The company's shareholder Shanghai Hengliang is an employee shareholding platform established prior to the company's initial public offering and listing. Due to the own funding needs of some limited partners on the shareholding platform, it plans to reduce its holdings of the company's shares through centralized bidding by no more than 150,000 shares, accounting for 0.0354% of the company's total share capital. The reduction will be carried out within three months after 15 trading days from the date of disclosure of the reduction announcement. The shares to be reduced this time do not involve shares held by the company's directors and senior management through the employee shareholding platform Shanghai Hengliang.