Cubic Sensor and Instrument (688665.SH) shareholders plan to reduce their holdings by no more than 3% in total.

Zhitong Finance APP News, Cubic Sensor and Instrument (688665.SH) announced that the company recently received the "Letter of Intent to Reduce Shareholdings by Shareholders" from its shareholders. Due to the shareholders' own funding needs, Zhigan Technology, a shareholder holding more than 5% of the company's shares, and the employee shareholding platforms Wuhan Juyou and Wuhan Gaisen intend to reduce their holdings of the company's shares through centralized bidding and block trades. Among them, Zhigan Technology intends to reduce its holdings by no more than 1.5426 million shares, accounting for no more than 1.5245% of the company's total share capital; Wuhan Juyou intends to reduce its holdings by no more than 1.0707 million shares, accounting for no more than 1.0581% of the company's total share capital; Wuhan Gaisen intends to reduce its holdings by no more than 422,400 shares, accounting for no more than 0.4174% of the company's total share capital.