Shanghai CEO Environmental Protection Technology announced that the shareholder English Capital Investment Plan, holding more than 5% of the shares but not the largest shareholder, will reduce its shareholding by no more than 2.517 million shares, or 1.7% of the total share capital of the company, within three months after 15 trading days from the announcement disclosure, by centralized bidding or bulk trading at the market price. The shareholding reduction is due to the shareholder's own operation needs, and will not have a significant impact on the company's governance structure and continued operation.