Gronghui APP was informed that according to the latest equity disclosure information of the Stock Exchange, 01850.HK Group (01850.HK) was reduced by 32 million shares at an average price of HK $0.8302 per share by Lianteng Group Limited on November 12, 2021, involving a capital of about HK $26.5664 million.

After the reduction, the latest number of shares held by Lianteng Group Limited is 76000000 shares, and the proportion of shares has dropped from 13.50% to 9.50%.