High RSM bursts: The controlling shareholder intends to reduce its shareholding in the company by no more than 3%.

Kaozheng Minbao announced in the evening that its controlling shareholder, Zangjian Group, intends to reduce its holdings of the company's shares by no more than 2.76 million shares through centralized bidding and by no more than 5.52 million shares through block trading, totaling no more than 3% of the company's total share capital.