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Chenfeng Technology: Shareholder Hongwo has completed a 3% share reduction
Chenfeng Technology Announcement: Hangzhou Hongwo Self-Funded Investment Co., Ltd. reduced its holdings by 10,824,600 shares, accounting for 4.3134%. From January 7, 2026, to February 24, 2026, the company reduced a total of 7,528,500 shares through centralized bidding and block trades, representing 3.0000%, at prices ranging from 18.14 to 22.38 yuan per share, cashing out 1.46 billion yuan. Currently, it holds 3,296,100 shares, accounting for 1.3135%, and this reduction plan has been completed.