Peaktech Technology (688279.SH) shareholder Shanghai Huaxin intends to reduce its shareholding by no more than 3%.

Zhixun Finance APP News, Fengxiao Technology (688279.SH) announced that, based on its own capital needs, shareholder Shanghai Huaxin intends to reduce its holdings by no more than 3% of the company's total share capital through centralized bidding or block trading, not exceeding 3.4534 million shares. The reduction period will be within three months after the fifteen trading days following the disclosure of the announcement.