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Zhongjie Automobile has disclosed that its shareholder, the Huatai Zhongjie Automobile Home No.1 GEM Employee Stock Ownership Collective Asset Management Plan, is planning to divest a portion of its holdings. Specifically, the plan aims to reduce its stake by a maximum of 2.5455 million shares, which accounts for 2.09% of the company's total share capital. This share reduction will be executed within a three-month window, commencing 15 trading days after the announcement's disclosure date, and will be carried out through either centralized bidding or block trading methods. Notably, there are no price constraints imposed on this share reduction, as the participants in the employee stock ownership asset management plan have financial requirements that necessitate this action.
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