Sai Fen Technology: Three shareholders holding more than 5% of the shares intend to collectively reduce their holdings by no more than 3%.
Sai Fen Technology announced that Zhou Jinqing, Lu Min, and Quan Chengda hold 7.73%, 7.11%, and 6.91% of the company's shares respectively. Due to personal funding needs, fund deadlines, and liquidity arrangements, the three plan to reduce their holdings by no more than 416,464 shares each through centralized bidding from May 6, 2026 to August 5, 2026. The reduction percentages will not exceed 1%, with a total reduction not exceeding 3% of the company's total share capital. The implementation of this reduction plan is uncertain, but it will not have a significant impact on the company's governance.
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