Zhitong Financial APP News, Light Cloud Technology (688365.SH) issued an announcement, prior to the company's actual controller and chairman Tan Guanghua through centralized bidding to reduce the number of shares no more than 4.25 million shares, accounting for no more than 1% of the company's total share capital Hainan Qiyu Enterprise Management Partnership (Limited Partnership) (referred to as "Hainan Qiyu") reduces the number of shares by centralized bidding by no more than 2.125 million shares, accounting for no more than 0.5% of the total share capital of the company.
Recently, the company received a "notification letter on early termination of the shareholding reduction plan" from Hainan Qiyu, a shareholder of more than 5%. Based on its own development plan and financial arrangements, after comprehensive consideration, the company voluntarily terminated the shareholding reduction plan ahead of schedule.