Jiechang Drive (603583.SH) shareholders plan to collectively reduce their shareholding by no more than 1.68%.

Translator: Zhtng Finance APP News, Jichng Qdng (603583.SH) issued an announcement recently. The company has received a "Notice Letter on the Share Reduction Plan" from shareholders, Zhngshng Investment plans to reduce its holdings of the company's shares by no more than 6.1323 million shares through block trading, accounting for 1.60% of the company's total share capital; Mr. W Dzng plans to reduce his holdings of the company's shares by no more than 300,000 shares through centralized auction trading, accounting for 0.08% of the company's total share capital. The above-mentioned shareholders will implement the reduction plan within 3 months after 15 trading days from the date of this announcement, and the reduction price will be determined based on the market price.