CPIC announced that its shareholder Yunnan Yunxi has completed its reduction plan, reducing its holdings by 75.4176 million shares through centralized bidding and block trading, accounting for 2% of the company's total share capital. After the reduction, Yunnan Yunxi's shareholding ratio decreased from 12.29% to 10.29%. This reduction strictly complies with relevant laws, regulations, and normative documents and will not lead to a change in the company's control
