Liujin Technology announced that the controlling shareholder and actual controller, Taizhou Yumi Investment Management Partnership and Taizhou Liulian Investment Management Partnership will reduce their total holdings of the company's shares by no more than 2% of the total number of shares through centralized bidding and bulk transactions within 3 months after 30 trading days from the date of disclosure of this announcement. Among them, a single entity will reduce its holdings by no more than 3.09 million shares. The reason for the reduction is capital requirements.

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