Iron Expansion Machinery: Shareholder Cai Jianliang plans to reduce his shareholding by no more than 1.14%.
Iron Tuo Machinery Announcement: Shareholder Cai Jianliang, holding more than 5% of shares, currently holds 9.6 million shares, accounting for 10.389%. He plans to reduce his holdings by no more than 1.05 million shares, accounting for 1.14%, through centralized auction trading. The reduction period is within 3 months after 30 trading days from the disclosure of the reduction plan. The reduction price range will be determined based on market prices. The source of the shares to be reduced is obtained before the listing on the Beijing Stock Exchange, and the reason for the reduction is for its own capital needs.
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