According to the stock tender announcement, shareholders of the company originally held 1.2 million shares of the company's shares, accounting for 0.44% of the company's total share capital. The original plan was to reduce the company's shares by no more than 300,000 shares through centralized bidding within 3 months after 15 trading days from the date of disclosure of the shareholding reduction plan announcement. As of the disclosure date of the announcement, 618 Development had not implemented the above holdings reduction plan and decided to terminate the above holdings reduction plan early.

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