Tianli Technology: Shareholder Tianjin Zhihui plans to reduce its stake in the company by no more than 1.4402 million shares

On December 29th, Tianli Technology announced that its shareholder Tianjin Zhihui plans to reduce its holdings of the company’s shares by no more than 1.4402 million shares (accounting for 0.73% of the total share capital of the listed company) through centralized bidding or block trading within 90 days after the release of this announcement. The reason for the proposed reduction of holdings this time is due to the company’s own financial needs, and the source of shares is the shares obtained before the company’s initial public offering and after the conversion of capital reserves into share capital.

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