Glonghui November 4th 丨Fangzheng Technology (600601.SH) announced that on November 4, 2020, the company received the “Simplified Equity Change Report” delivered by Zeng Yuanbin and his co-actors. From October 15 to November 4, 2020, it reduced its holdings of the company's unlimited tradable shares with unlimited sales conditions through centralized bidding and trading on the Shanghai Stock Exchange from October 15 to November 4, 202016.9022 millionShares, accounting for 0.7701% of the company's total share capital.

Prior to this change in equity, Zeng Yuanbin and his co-actors held a total of shares in the company127 millionShares, accounting for 5.7646% of the company's total share capital; after the holdings were reduced, Zeng Yuanbin and his co-actors jointly held the company's shares110 millionShares, accounting for 4.9945% of the company's total share capital, are no longer shareholders holding 5% or more of the company's shares.