Liande Equipment: The controlling shareholder, actual controller, and their concerted action parties plan to reduce their holdings of no more than 3% of the company’s shares

On February 16th, Liande Equipment announced that the controlling shareholder and actual controller of the company, Nie Quan, and his concerted action person, Nie Jian, plan to reduce their holdings of the company’s shares by no more than 5401529 shares, accounting for 3.00% of the company’s total share capital, through centralized bidding and block trading within three months after the 15th trading day from the date of this announcement.