Zhongji Xuchuang announced that the board of directors of the company reviewed and passed a bill to change the use of 5.6531 million A-shares held in the special securities account from “implementing employee stock ownership plans or equity incentive plans” to “canceling and reducing registered capital.” After the cancellation is completed, the total share capital of the company will be reduced from 1,178 billion shares to 1,172 billion shares.

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