Gelonghui May 8 丨*ST Xinning (300013pennslammer3hs8500.SZ) announcedpennslammer3hs8500Suqian Jingdong Zhenyue Enterprise Management Co., Ltd.(hereinafter referred to as "Jingdong Zhenyue"), a shareholder holding 22,336,311 shares in the company (accounting for 5% of the company's total share capital), plans to reduce its shares in the company through centralized bidding and block transactions. The number of shares will not exceed 13,400,613 shares (accounting for 3% of the company's total share capital).

Among them, if the reduction is achieved through centralized bidding, it will be implemented within 90 days after 15 trading days from the announcement of the reduction plan, and within any 90 consecutive natural days, the total number of shares reduced will not exceed 4,466,871 shares, accounting for 1% of the company's total share capital; If the reduction is achieved through block transactions, it will be implemented within 90 days after 15 trading days from the announcement of the reduction plan, and within any 90 consecutive natural days, the total number of shares reduced will not exceed 8,933,742 shares, accounting for 2% of the company's total share capital.