Noli Company (603611.SH) controlling shareholder and its concerted actors propose to reduce the company's shares.

The Zhtng Financial APP news, NuoLi Shares (603611.SH) announced that the company's controlling shareholder and actual controller, as well as their concerted actors, directors, and senior management, will reduce their holdings of company shares. Mr. Ding Yi and Ms. Mao Ying plan to reduce their holdings by no more than 2% of the total share capital of the company through block trading, i.e. by reducing by no more than 5.152 million shares. Mr. Ding Sheng plans to reduce his holdings by no more than 1% of the total share capital of the company through open market trading, i.e. by reducing by no more than 2.576 million shares. Mr. Zhng Sumng plans to reduce his holdings by no more than 25% of the company shares he holds through open market trading, reducing by no more than 29.09 million shares, accounting for 0.11% of the total share capital of the company. The period for this reduction is within 3 months after 15 trading days from the announcement date.