Changchuan Technology: Shareholder Changchuan Investment intends to reduce its stake by no more than 1.11%.

Changchuan Technology announced that one of the actual controllers and concerted parties of the company, Hangzhou Changchuan Investment Management Partnership Enterprise, plans to reduce its holdings by no more than 7.0596 million shares, accounting for no more than 1.1128% of the total share capital of the company through block trading within three months after fifteen trading days from the date of the announcement; The reason for the reduction is for the company's fund management and investment planning operation needs; The source of the shares is from the shares and equity dividends transferred before the initial public offering.