Kanglong Huacheng: Xinchong Kangcheng plans to reduce its holdings by no more than 1.50% of the company's shares.

Kanglong Huacheng announced that its shareholder, Xinzhong Kangcheng, holding more than 5% of shares, plans to reduce its holdings by no more than 26,672,900 shares, accounting for 1.50% of the company's total equity, within 3 months after 15 trading days from the date of the announcement, through centralized bidding or block trading.

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