NJUAE: Three shareholders holding over 5% of shares plan to collectively reduce their holdings by no more than 1.33% of the company's shares

On April 6th, NJUAE announced that its shareholders holding more than 5% of the shares, Nanjing Guohuan Investment Management Co., Ltd., Nanjing Nangao Management Consulting Center, and Nanjing Liangjiang Management Consulting Center, plan to reduce their holdings of the company's shares from April 28, 2025, to July 27, 2025, through centralized bidding or block trading, with a maximum reduction of 1.0801 million shares, 560,200 shares, and 439,600 shares, respectively, which accounts for no more than 0.6902%, 0.3580%, and 0.2809% of the company's total share capital. The reduction price will be determined based on the market price at the time of reduction and the trading method, and will not be lower than the company's initial public offering price. The reason for the reduction is due to personal funding needs, among which the company's director Lu Chaoyang plans to use the after-tax proceeds from the shares indirectly held through Guohuan Investment to gift to the company's employees to improve their living standards