Jintuo Technology (603211.SH) shareholders intend to reduce their shareholding by no more than 2.95%.

Jintuo Technology (603211.SH) announced that, in order to meet the financial needs of employees of its holding platform, Panzhu Partnership, Xixia Partnership, Zhaozhi Partnership, and Zhupan Partnership plan to reduce their total holdings of the company's shares by up to 8 million shares through centralized bidding and block trading, with the intention to reduce their stake by no more than 2.95% of the company's total share capital.