Kangtai Medical: Controlling shareholder Hu Kun intends to reduce holdings of company shares by no more than 2.9865%.

Kangtai Medical announcement: The company's controlling shareholder and actual controller, Hu Kun, holds a total of 188 million shares of the company's stock, accounting for 46.8362% of the total share capital. Hu Kun plans to reduce his stake in the company by a total of no more than 12 million shares, or 2.9865% of the total share capital, through centralized bidding and block trading within three months after the disclosure of this announcement. Among them, the reduction through centralized bidding will not exceed 4 million shares, or 0.9955% of the total share capital; the reduction through block trading will not exceed 8 million shares, or 1.9910% of the total share capital.