Erlian Ban Chengtou Holdings: Shareholders plan to reduce their holdings by no more than 2% of the company's shares

On September 29th, Jin10 Data reported that Chengtou Holdings announced that its shareholder Hongyi (Shanghai) Equity Investment Fund Center plans to reduce its holdings of the company’s shares by no more than 50,591,512 shares, or 2% of the total number of shares, within 3 months after 15 trading days from the disclosure of the announcement, through centralized Bidding trading, Block Trading, and other methods. The reduction price will be determined based on market prices. This reduction plan is based on the shareholder’s financial arrangement and will be implemented based on market conditions, stock prices, and other factors.