Ningbo Tuopu Group Co.,Ltd. (601689.SH) announced that the company received notification letters regarding share reduction from its actual controller Mr. Wu Jianshu and his persons acting in concert - Mr. Wu Haonian, Ningbo Zhuyue Investment Management Co., Ltd. (referred to as "Ningbo Zhuyue"), and Ningbo Paishe Real Estate Co., Ltd. (referred to as "Paishe Real Estate") on September 10, 2025. The company learned that the aforementioned shareholders collectively reduced their holdings by 13.43 million shares through centralized bidding during the period from August 29, 2025 to September 10, 2025, accounting for 0.7728% of the company's total share capital.
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