Yikun Electric announced that Pingyang Yiyan Entrepreneurship Service Center, a shareholder holding 5% or more of the company's shares, holds 6.3913 million shares, accounting for 7.4623% of the company's total share capital. It plans to reduce its holdings by no more than 856,500 shares through centralized bidding within 3 months after 15 trading days from the date of disclosure of this announcement, accounting for 1% of the company's total share capital. The reduction price is determined based on the market price and transaction method at the time of the holdings reduction. The reason for the proposed reduction in holdings is due to its own capital requirements.

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