Genbyte Technology Inc. (003028.SZ) announced that Ms. Tang Juan, the controlling shareholder, actual controller, vice chairman, and general manager of the company, plans to reduce her shareholding by no more than 2,235,583 shares (or 2.00% of the total share capital of the company) within 3 months after 15 trading days from the date of this announcement through centralized bidding or block trading. The implementation of this shareholding reduction plan will not lead to a change in the company's control, nor will it affect the company's governance structure, equity structure, and ongoing operations.

Mr. Tang Li, the deputy general manager and chief financial officer of the company, directly holds 62,000 shares of the company (0.055% of the total share capital of the company) and plans to reduce his shareholding by no more than 10,500 shares (or 0.009% of the total share capital of the company) within 3 months after 15 trading days from the date of this announcement through centralized bidding.

Mr. Fang Shijun, the deputy general manager and sales director of the company, directly holds 72,000 shares of the company (0.064% of the total share capital of the company) and plans to reduce his shareholding by no more than 10,500 shares (or 0.009% of the total share capital of the company) within 3 months after 15 trading days from the date of this announcement through centralized bidding.