QiaoYin: Major shareholder Guo Beihua and Zeyuan Private Equity plan to reduce their holdings by no more than 6% of the total share capital

QiaoYin announced that the company's controlling shareholder and one of the actual controllers, Guo Beihua, along with shareholders holding more than 5% of the shares, Ze Yuan Private Equity, plan to reduce their holdings of the company's shares by no more than 2% and 1% of the total share capital, respectively, through centralized bidding and block trading within three months after the announcement date, totaling no more than 6% of the total share capital. The reason for the reduction is personal funding needs, and the reduction price will be determined based on market conditions. Guo Beihua and Ze Yuan Private Equity have committed to strictly comply with relevant laws, regulations, and normative documents during the reduction and to fulfill their information disclosure obligations