Wanxing Technology: the actual controller of the company intends to reduce its stake by no more than 1.5%.

[Wanxing Technology: the company's real controller plans to reduce no more than 1.5% of its shares] Wanxing Technology announced that Wu Taibing, the company's controlling shareholder and actual controller, intends to reduce the company's shares by means of centralized bidding transactions to a total of no more than 2.06 million shares (that is, no more than 1.5% of the company's total share capital).