Wantong Smart Control: Controlling Shareholder Plans to Reduce Holdings of No More Than 2% of the Company's Shares

People’s Financial News, March 17 — Wan Tong Intelligent Control (300643) announced on March 17 that the controlling shareholder, Hangzhou Wan Tong Holdings, which owns 43.61% of the company, plans to reduce its holdings by a total of no more than 4,625,100 shares through either a centralized bidding or block trading, accounting for 2% of the company’s total share capital.

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