Tianyuan Group: The controlling shareholder, the actual controller and some senior executives intend to collectively reduce their holdings of the company's shares by no more than 1%.

Tianyuan Shares announced in the evening that the concerted action person, Dongguan Tianqi Equity Investment Co., Ltd., which is the controlling shareholder and one of the actual controllers, intends to reduce its holdings of the company's shares by no more than 1.325 million shares through centralized bidding, which is not more than 0.76% of the company's total share capital. The company's director and senior management personnel Luo Yaodong and his spouse Zou Fang intend to reduce their holdings of the company's shares by no more than 419,400 shares through centralized bidding, which is not more than 0.24% of the company's total share capital.