300356SZSE

Announcement on the Completion of Share Reduction Plan by Shareholders Holding More Than 5%

Guangyi Retreat Co., Ltd.··2 pages

✨ AI Summary

This announcement confirms the completion of the share reduction plan by Hubei Qianhan Investment Co., Ltd., which held over 5% of the shares. The shareholder reduced its holdings by a total of 508,750 shares, representing 1.25% of the company's total share capital. Following the reduction, Qianhan Investment now holds 7.09% of the company's shares, maintaining its status as a major shareholder without affecting the company's control or governance structure.

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Full Translation

AI Translation· azure_openai

Stock Code: 300356

Stock Abbreviation: Guangyi Tui

Announcement No: 2023-080

Guangyi Technology Co., Ltd. (hereinafter referred to as "Guangyi Technology" or "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

On December 2, 2022, Guangyi Technology disclosed the "Pre-disclosure Announcement on Share Reduction by Shareholders Holding More Than 5%" (Announcement No. 2022-116). Shareholder Hubei Qianhan Investment Co., Ltd. (hereinafter referred to as "Qianhan Investment") planned to reduce its holdings of the company's shares by no more than 8.1 million shares (approximately 2% of the company's total share capital) through centralized bidding within six months after the disclosure of the reduction plan, with a total reduction not exceeding 1% of the total share capital within 90 consecutive calendar days, and the reduction price based on market prices.

On March 24, 2023, the Company disclosed the "Progress Announcement on Share Reduction Plan by Shareholders Holding More Than 5%" (Announcement No. 2023-023). Recently, the Company received a "Notice of Completion of Share Reduction Plan" from Qianhan Investment, stating that the share reduction plan has been completed as of the date of this announcement.

In accordance with the "Several Provisions on Share Reduction by Shareholders, Directors, Supervisors, and Senior Management of Listed Companies" (CSRC Announcement [2017] No. 9) and the "Implementation Rules for Share Reduction by Shareholders and Directors, Supervisors, and Senior Management of Listed Companies on the Shenzhen Stock Exchange," the relevant situation is announced as follows:

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