Zhengyuan Zhihui announced that its shareholder Hangzhou Yikang Investment Management Co., Ltd. plans to reduce its holdings by no more than 1.259 million shares, accounting for 0.907% of the total share capital after excluding shares in the company's repurchase special account. Shareholder Hangzhou Zhenghao Investment Management Co., Ltd. plans to reduce its holdings by no more than 1.0134 million shares, accounting for 0.730% of the total share capital after excluding shares in the company's repurchase special account. Among them, former director Ms. Chen Ying indirectly holds 618,900 shares of Zhengyuan Zhihui through Zhenghao Investment, accounting for 0.446% of the total share capital after excluding shares in the company's repurchase special account. Yikang Investment, Zhenghao Investment, and Chen Ying together plan to reduce their holdings by no more than 2.2724 million shares, accounting for 1.637% of the total share capital after excluding shares in the company's repurchase special account. The reduction period is within three months after the announcement date, starting from the third trading day. The reduction price will be determined based on market prices and trading conditions, and will not be lower than the issue price of the company's initial public offering
