
UTIMES shareholder Liu Wei plans to reduce holdings by no more than 0.75% of shares

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According to the announcement released by UTIMES, due to personal funding needs, Mr. Liu Wei, the chairman of the supervisory board and core technical personnel of the company, intends to reduce his holdings of the company's shares by no more than 421,000 shares, accounting for no more than 0.75% of the company's total share capital, through centralized bidding within 3 months after 15 trading days from the date of this announcement (excluding the time period during which reduction is prohibited by relevant laws, regulations, and normative documents)
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