Golden Cup Electrician: Shareholders plan to collectively reduce their holdings by no more than 1.77%.

Jinbei Electrician announced that shareholder, director and senior management personnel Zhou Zuqin, who holds more than 5% of the shares, plans to reduce his holdings by no more than 11 million shares, and director and senior management personnel Fan Zhihong plans to reduce his holdings by no more than 2 million shares. The reduction method will be through centralized bidding or block trading. The reason for the reduction is personal fund needs, and the reduction period will be within 3 months after 15 trading days from the date of announcement.