Mint Electronics (300656.SZ) shareholders intend to collectively reduce their holdings by no more than 4% of the shares.

Zhtng Cijng APP News, Minde Electronics (300656.SZ) announced that the company's controlling shareholder and actual controller Xu Xiangcan, as well as company director and vice general manager Yi Yangqing, plan to reduce their holdings of the company's shares through block trading or centralized bidding within the next three months. The total reduction will not exceed 3.3983 million shares, which is not more than 2% of the total share capital excluding the shares in the company's repurchase account. The reduction period will be within three months after fifteen trading days from the date of the announcement.