According to the Zhitong Finance App, Ruyi Group (002193.SZ) issued an announcement. The company received the “Simplified Equity Change Report” issued by Shandong Ruyi Technology Group Co., Ltd. (“Ruyi Technology”), the controlling shareholder of the company, and its co-actor, Shandong Ruyi Woolen Group Co., Ltd. (“Woolen Group”). From April 17, 2023 to December 1, 2023, Ruyi Technology and Woolen Group passively reduced their holdings of Ruyi Group's shares in circulation under unlimited sales conditions by 13.092 million shares through bulk trading and centralized bidding on the Shenzhen Stock Exchange due to judicial enforcement. The cumulative share reduction ratio accounted for 5.00% of Ruyi Group's total share capital.