Wansheng Smart: Shareholders intend to reduce their holdings of the company's shares by no more than 1%.

Wansheng Intelligent announced that Wanshengzhihe Investment Partnership, a shareholder holding more than 5% of the company's shares, plans to reduce its stake in the company by no more than 2,862,000 shares through centralized bidding within three months after the disclosure of this announcement, starting from 15 trading days later. The reason for the reduction is the shareholder's own capital needs, and the shares to be reduced are from the shares held before the company's initial public offering and the corresponding increase in shares due to the capital reserve being converted into share capital after the initial public offering.