Tianyin Mechanical and Electrical (300342.SZ) controlling shareholder Lanhai Ruixing plans to reduce its shareholding by no more than 3%.

According to the news of the Wise Wealth APP, Tianyin Machinery and Electrical (300342.SZ) announced that the company's controlling shareholder, Foshan Lansha Rui Xing Equity Investment Partnership Enterprise (Limited Partnership) (referred to as "Lansha Rui Xing"), plans to reduce its holdings of the company's shares through centralized bidding from December 15, 2025 to March 14, 2026, with a maximum of 4.250351 million shares (1.00% of the company's total share capital), and to reduce its holdings of the company's shares through block trading of up to 8.500702 million shares (2.00% of the company's total share capital).