On December 17, Jinshi Data announced that, due to its own capital needs, its shareholder, Lianchuang Yongqin, plans to reduce its holdings by no more than 3.4414 million shares, accounting for 2.17% of the total share capital of the company through centralized bidding and block trading. The source of the reduction comes from the shares held before the company’s initial public issuance. The implementation period of this reduction plan is from January 10, 2025 to April 10, 2025. During this period, if the company’s stock is suspended, the reduction period will be correspondingly extended. Previously, Lianchuang Yongqin had reduced 1.5715 million shares, accounting for 0.99% of the total share capital from November 1, 2024 to November 22, 2024. The company and shareholders will strictly abide by relevant laws and regulations.
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