Tianzheng Electric: Controlling shareholder plans to reduce holdings by 1.60%

Tiangong Electric announced that the actual controller and chairman Gao Tianle intends to reduce his holdings through concentrated bidding by no more than 1,194,000 shares and through block trading by no more than 6,879,000 shares within 3 months after 15 trading days from the date of this announcement, totaling no more than 8,073,000 shares, accounting for 1.60% of the total share capital of the company; the concerted action person Gao Xiao intends to reduce his holdings through concentrated bidding by no more than 3,028,500 shares, accounting for 0.60%; Gao Jue intends to reduce his holdings through concentrated bidding by no more than 825,000 shares, accounting for 0.16%.