Green Channel Technology announced that shareholders Guangzhou Chuang Yu Ming Chen Equity Investment Fund Enterprise (limited partnership) and its concerted action person Guangzhou Chuang Yu Ming Heng Equity Investment Fund Enterprise (limited partnership), Zhuhai Chuang Yu Ming Hui Equity Investment Fund Enterprise (limited partnership), Guangzhou Chuang Yu Kai Yue Equity Investment Enterprise (limited partnership), Zhuhai Chuang Yu Ming Tai Equity Investment Fund Enterprise (limited partnership) plan to reduce the company's shares in aggregate by not more than 8.8 million shares (6.00% of the total share capital of the company, 6.18% of the total share capital after excluding the shares disclosed in the latest share repurchase special account) within 3 months after 15 trading days from the date of this reduction plan announcement, through centralized bidding and block trading. Among them, the aggregate reduction of company shares through centralized bidding shall not exceed 1.467 million shares (1.00% of the total share capital); the aggregate reduction of company shares through block trading shall not exceed 7.333 million shares (5.00% of the total share capital). The subjects of this reduction are venture capital funds that have been filed with the China Securities Investment Fund Industry Association, and this reduction is required for fund exit.