Zhitong Finance App News, Action Education (605098.SH) announced that the company's shareholder Shanghai Lanxiao Business Consulting Partnership (Limited Partnership) (“Shanghai Lanxiao”) plans to reduce its holdings by no more than 710,000 shares at market price through bulk transactions, with a reduction ratio of no more than 0.5954% of the company's total share capital, and will be implemented within 3 months of 15 trading days from the date of publication of this announcement.

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