On June 7, Tiandeyu (688252.SH) announced that Ningbo QuanZhi Optoelectronics Co., Ltd., a shareholder holding more than 5% of the company's shares, plans to reduce its stake by no more than 10.1733 million shares, representing no more than 2.49% of the company's total share capital, through centralized bidding and block trading from June 30 to September 29, 2026, due to its own capital needs.
