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Yinxing Technology: Executives plan to reduce holdings by no more than 0.51%
Yinxi Technology Announcement: Company director and general manager Lin Dencan, along with some other directors and senior management, plans to reduce their holdings by no more than 2.427 million shares, accounting for 0.51% of the company’s total share capital, within three months after fifteen trading days from the date of this announcement through centralized bidding. The reason for the reduction is mainly due to personal funding needs, and the selling price will be determined based on market prices. The shares to be sold may come from the company’s equity incentive plan or secondary market purchases. This reduction will not lead to a change in the company’s control nor affect its ongoing operations. The company will disclose the progress of the reduction plan as required.