Gelonghui November 5th | Xidu Micro (688173.SH) announced that as of November 4, 2024, Shenzhen Chenxin has not reduced the company's shares through centralized trading or block trading. Due to the company's planned issuance of shares and payment of cash to purchase assets, in accordance with the relevant provisions of the Shanghai Stock Exchange's Self-regulation Guidelines for Listed Companies No. 15 - Reduction of Shares by Shareholders and Directors, Supervisors, and Senior Management, it is necessary to disclose the progress of the share reduction by shareholder Shenzhen Chenxin. The share reduction plan has not been fully implemented yet.