Onechance Tech share reduction plan complete

Hangzhou Onechance Tech Corp (SZSE:300792) announced the completion of shareholder Zhang Fan's previously disclosed share reduction plan. According to the announcement, Zhang Fan reduced her holdings by 1,511,100 shares through centralized competitive bidding between January 2025 and February 2025, at an average price of CNY34.3367 per share. This reduction represents 0.64% of the company's total share capital. The total shares reduced were less than expected from the plan. Following this transaction, Zhang Fan's shareholding has decreased, but the company states that this share reduction will not lead to a change in the company's controlling shareholder or have a significant impact on its governance structure or operations. The share reduction plan was originally disclosed on December 12, 2024.