Sinotech Optoelectronics (688011.SH): Harbin Institute of Technology Education Development Foundation plans to reduce its shareholding by no more than 3%.

Zhito Financial News APP news, Sanan Optoelectronics (688011.SH) announced that the shareholder Harbin Institute of Technology Education Development Foundation will further support the education cause of Harbin Institute of Technology due to business needs. Within 3 months after the disclosure of this reduction plan announcement, they plan to reduce their holdings in the company by no more than 1% of the total share capital through centralized bidding, with a total of no more than 1 million shares; and reduce their holdings by no more than 2% of the total share capital through block trading, with a total of no more than 2 million shares.