Rongxin Culture ( 301231.SZ ): The actual controller and concerted parties plan to reduce their holdings by no more than 2.9499% of shares

Gelonghui April 8 — Rongxin Culture ( 301231.SZ ) announced that the company’s controlling shareholder, actual controller, Chairman and General Manager Ms. Wang Yihua, along with the concerted action partner Xi’an Lelequ Investment Partnership (Limited Partnership), and the company’s actual controller and director Mr. Yan Hongbing, plan to reduce holdings by no more than 2,489,742 shares within three months after 15 trading days from the date of this announcement through centralized bidding and block trades, including no more than 829,914 shares through centralized bidding and no more than 1,659,828 shares through block trades.
The total reduction represents 2.9499% of the company’s total share capital, which is not more than 3.0000% of the total share capital excluding the company’s repurchase dedicated securities account.

Senior management member Mr. Wang Wei plans to reduce 1,000 shares through centralized bidding within three months after 15 trading days from the date of this announcement, accounting for 0.0012% of the company’s total share capital, which is also 0.0012% of the total share capital excluding the company’s repurchase dedicated securities account.