Suqian Liansheng announced that the company's shareholder Jiangsu Coastal Industrial Investment Fund, which holds 8.18% of the shares, Jiangsu Yuquan Xingong Bangsheng Venture Capital Fund Partnership, which holds 1.89% of the shares, and Wang Baoguang, a shareholder holding 15.62% of the shares, plan to reduce the company's shares through centralized bidding and bulk transactions from September 30 to December 29, 2026. Among them, Coastal Investment plans to reduce its holdings by no more than 11 million shares, and Wang Baoguang plans to reduce its holdings by no more than 4 million shares, and Wang Baoguang plans to reduce its holdings by no more than 8 million shares. In total, it is proposed to reduce its holdings by no more than 23 million shares, accounting for 5.49% of the company's total share capital. The reason for the reduction is its own capital requirements. This reduction in holdings will not result in a change in the company's control.

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