Only Saibo (688718.SH) controlling shareholder intends to reduce its shareholding by no more than 2.99%.

Wisdom Finance and Economics APP News, Wei Saibo (688718.SH) issued an announcement that, in addition to the actual controlling shareholder, other shareholders have their own capital needs. The controlling shareholder, Hong Kong Wei Saibo, plans to reduce its total holdings of the company's shares by no more than 5.2 million shares through centralized bidding and block trading, accounting for 2.99% of the total share capital of the company.