九洲集团：股东拟合计减持不超1.88%股份

Core Viewpoint - JiuZhou Group announced plans for share reduction by its actual controller Li Yin and his associate Zhao Xiaohong, aimed at repaying stock pledge debts and ensuring stable equity structure and shareholder rights [1] Summary by Relevant Sections Share Reduction Details - Li Yin plans to reduce holdings by up to 6 million shares, accounting for 0.94% of the total share capital after excluding repurchased shares [1] - Zhao Xiaohong also plans to reduce holdings by up to 6 million shares, representing 0.94% of the total share capital [1] - The reduction will be executed through centralized bidding and block trading [1] Purpose and Timeline - The purpose of the share reduction is to repay stock pledge debts and to safeguard the stability of the company's equity structure and shareholder rights [1] - The reduction period is set for three months starting from 15 trading days after the announcement, specifically from November 20, 2025, to February 19, 2026 [1]