Lanzhou Yellow River: Shareholders' 5% share reduction plan terminated in advance

On November 20, Jinshi Data reported that Lanzhou Yellow River announced that Hunan Yucheng Investment Co., Ltd., a shareholder holding 5% of the company’s shares, has decided to terminate the original plan to reduce its holdings in advance. As of the disclosure date of the announcement, Yucheng Investment has not reduced its holdings of the company’s shares, and the number of shares held is still 9.2883 million, accounting for 5% of the company’s total share capital. The decision to terminate the reduction plan has nothing to do with the transfer of control of the company. Yucheng Investment and Xinsheng Industry and Trade plan to sign a protocol on the transfer of equity investment in Xinsheng.