Xingtong shares: Shareholders plan to collectively reduce their holdings by no more than 4.85% of the company's shares.

On the evening of July 9th, Xing Tong announced that shareholder and director Wang Lianghua, holding 5.17% of the shares, and He Hai Chuang Tou, holding 9.3% of the shares, as well as Ri Ying Investment, holding 1.53% of the shares, plan to reduce their holdings of the company's shares through block trading or other legal means recognized by the Shanghai Stock Exchange, not exceeding 1.29%, 2%, and 1.53% of the company's total share capital, respectively. Shareholder Chen Qinghong, holding 0.11% of the shares, plans to reduce his holdings of the company's shares by 73,600 shares through centralized bidding or other legal means recognized by the Shanghai Stock Exchange, accounting for 0.02% of the company's total share capital. The total reduction of the company's shares by the above shareholders shall not exceed 15.7576 million shares, or 4.85% of the company's total share capital.