Zhengqiang shares: One of the controlling shareholders, Da Hui Investment, intends to reduce its stake in the company by no more than 1%.

On the evening of May 18, Zhengqiang Corporation announced that one of the concerted parties of the controlling shareholder Hangzhou Zhengqiang Holdings Co., Ltd., Hangzhou Dahui Investment Management Partnership Enterprise, holds 4.38% of the company's shares. Dahui Investment plans to reduce its holdings of the company's shares by no more than 1.04 million shares through centralized bidding.