Rongcheer Industrial Technology (301360.SZ): The Employee Strategic Placement Asset Management Plan intends to reduce its holdings by no more than 1.32% of the shares.

Rongcheer Industrial Technology (301360.SZ) announced that the company's shareholder Soochow-Industrial and Commercial Bank of China-SoochowRongcheer Industrial Technology employees will participate in the GEM strategic allocation asset management plan (referred to as "Employee Strategic Allocation Asset Management Plan"). The plan is to reduce the company's shares by no more than 704,600 shares (1.32% of the total share capital of the company) through centralized auction trading or block trading within three months after fifteen trading days from the date of this disclosure.