Kehui Co., Ltd. announced that on July 29, the controlling shareholder Shandong Kehui Investment Co., Ltd. reduced its holdings of the company's shares by 620,000 shares and 2.093,400 shares respectively through centralized bidding and bulk transactions, accounting for 0.59% and 2.00% of the total share capital. Its shareholding ratio with those acting in concert fell from 35.00% to 32.41%, and the change in equity hit the 1% scale. This change is due to the implementation of the holdings reduction plan. It does not touch on the proposed acquisition, and will not change the controlling shareholder or actual controller. As of the date of disclosure of the announcement, the holdings reduction plan is still being implemented.

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