Kai Chun Company (301001.SZ) controlling shareholder Wang Li and concerted action person Xu Lei plan to reduce their shareholding by no more than 1%.

China Fortune Finance App News, Kai Chun Co., Ltd. (301001.SZ) announced that the company's controlling shareholder and actual controller Ms. Wang Li and concerted action person Mr. Xu Lei plan to reduce their holdings of the company's shares by a total of no more than 800,000 shares (not more than 1% of the total share capital of the company) through centralized bidding and/or block trading from June 11, 2025 to September 10, 2025.