Industrial Bank Co., Ltd. (603928.SH) the controlling shareholder's concerted action person Wang Jincheng plans to reduce its shareholding by no more than 1%.

Zhitong Finance APP News, Industrial Securities (603928.SH) announced that Wang Jincheng, the controlling shareholder and actual controller of the company, plans to reduce his holdings of the company's shares through centralized bidding and/or block trading within 3 months after the disclosure date of the announcement, not exceeding 2.6208 million shares, i.e. not exceeding 1% of the company's total share capital, due to personal asset allocation needs.