Major shareholder Shanghai Guo Shi and its concerted action person Tianjin Ruixin Technology (300828.SZ) intends to reduce their shareholding by no more than 3%.

Announcement from Tianjin Ruixin Technology (300828.SZ): The company's shareholder Shanghai Guo Shi Investment Partnership Enterprise (Limited Partnership) ("Shanghai Guo Shi") and its concerted action person Shanghai Guo Sheng Asset Management Center (Limited Partnership) ("Shanghai Guo Sheng") collectively plan to reduce their holdings of the company's shares by no more than 4,953,600 shares (representing no more than 3.00% of the company's total share capital after deducting treasury shares).