Nanowave Technology announcement, shareholder Chen Ronghua plans to reduce his indirect shareholding through a bulk trading method, with the reduction amount not exceeding 6.8 million shares, accounting for 1.68% of the company's total share capital. This reduction plan will be carried out within 3 months from the 15th trading day after the announcement. This reduction is based on Mr. Chen Ronghua's personal fund needs, and Dr. Jiang Biwang, the actual controller and chairman of the company, will not participate in the reduction.