Tianzheng Electric (605066.SH) controlling shareholder and its concerted action party plan to reduce their total holdings by no more than 2.36%.

Zhixin Finance APP News, Tianzheng Electric (605066.SH) announced that, due to personal financial needs, Mr. Gao Tianle, the actual controller, chairman, and general manager of the company, plans to reduce his holdings of the company's shares by a total of no more than 8.073 million shares, and the total reduction ratio will not exceed 1.60% of the company's total share capital.