One of the shareholders of Gallant Electronics Co., Ltd. (688206.SH) plans to reduce their total holdings by no more than 3%.

Zhixin Finance and Economics APP News, Gailun Electronics (688206.SH) announced that Jin Qiu Investment, Jiacheng Investment, Jingyuan Investment, Ruicheng Investment, and Guoxing Tongying intend to collectively reduce their holdings of the company's shares by a quantity not exceeding 13.0553 million shares, or 3% of the company's total share capital, due to their own capital needs.