Derfun Technology: Shareholders Fuhex Group and its concerted actor Derfun Equity plan to reduce their holdings of the company's shares by no more than 1.5%.

Tech company Defu announced that the company's shareholder holding more than 5% of shares, Fuhua Group and its concerted action person Defu Equity Plan, will reduce their shareholding in the company by no more than 9,454,830 shares within three months after the disclosure of this announcement, through centralized bidding or block trading, which is no more than 1.5% of the total share capital of the company. The reason for the reduction is the shareholder's own funding needs, and the source of the reduction is the company's shares held before the company's initial public offering.