Hongde Co., Ltd. (301163.SZ): Yang Jinde has cumulatively reduced his holdings by 0.97%

Gelonghui March 6 — Hongde Co., Ltd. (301163.SZ) announced that the company recently received a notice from its controlling shareholder and actual controller, Mr. Yang Jinde, co-controlling shareholder Ms. Yang Lei, and the concerted action partner Nantong Yuexiang Enterprise Management Center (Limited Partnership). The notice is titled “Notice of Share Reduction Progress and Equity Changes Reaching a Multiple of 1%.” It states that Mr. Yang Jinde has recently reduced his holdings by a total of 790,000 shares through centralized bidding and block trades, accounting for 0.97% of the company’s total share capital. After this equity change, the combined equity interests of the company’s controlling shareholder and actual controller Mr. Yang Jinde, co-controlling shareholder Ms. Yang Lei, and the concerted action partner Nantong Yuexiang Enterprise Management Center (Limited Partnership) decreased from 53.90% to 52.93%, with the change in ownership percentage reaching a multiple of 1%.