TELLHOW(SH:600590) Zheng Quan Zhi Xing·2025-05-20 11:45Core Viewpoint - Shanxi Bank Co., Ltd. has reduced its stake in Taihao Technology Co., Ltd. due to its own funding needs, planning to sell up to 8,528,697 shares, which is no more than 1% of the total share capital, from May 19, 2025, to August 18, 2025 [3][4][8]. Group 1: Company Information - The listed company is Taihao Technology Co., Ltd., with its stock traded on the Shanghai Stock Exchange under the code 600590 [1]. - The information disclosing party is Shanxi Bank Co., Ltd., established on April 27, 2021, with a registered capital of 2,589,418,739.2 yuan [3][4]. - As of the report date, Shanxi Bank holds 51,996,672 shares of Taihao Technology, representing 6.10% of the total share capital [4][8]. Group 2: Shareholding Changes - Shanxi Bank has cumulatively reduced its holdings by 9,353,160 shares through centralized bidding from November 15, 2024, to May 19, 2025, which accounts for 1.10% of Taihao Technology's total share capital [4][6]. - After the reduction, Shanxi Bank's shareholding in Taihao Technology will decrease to 5.00% [8]. Group 3: Future Plans - Shanxi Bank plans to continue reducing its stake in Taihao Technology within the next twelve months, depending on market conditions [3][4].