Shenzhen Kangtai Biological controlling shareholder associate to cut stake

Ms. Du Xinglian, a concerted party of the controlling shareholder and actual controller of Shenzhen Kangtai Biological Products, plans to reduce her holdings by up to 2,724,048 shares, representing 0.24% of the company's total share capital. The reduction will occur within three months, using centralized bidding or block trading methods, driven by personal financial needs.

The shares originate from holdings prior to the company's initial public offering, including those increased through equity distributions. The exact selling price will be determined by market conditions at the time of sale.

This planned share reduction is not expected to alter the company's governance structure, ongoing operations, or lead to a change in control. Investors are advised to exercise caution due to the inherent uncertainties of such market actions.