Ronshin Group (301231.SZ) shareholders plan to reduce their holdings by no more than 2.95% of the shares.

Ronshin Group (301231.SZ) announced that the company's controlling shareholder, actual controller, chairman, and general manager Wang Yi-Hua, along with concerted parties Xuchang Lelequ Enterprise Management Partnership (Limited Partnership), the company's actual controller, and director Yan Hongbing plan to reduce their holdings in the company by a total of no more than 2,489,700 shares (accounting for 2.9499% of the total share capital of the company) through centralized competitive trading and block trading within three months after the 15 trading days following the announcement. Senior executive Wang Wei, who holds 1,000 shares of the company, plans to reduce his holdings by 1,000 shares (accounting for 0.0012% of the total share capital of the company) through centralized competitive trading within three months after the 15 trading days following the announcement.