Yuancheng Environment Co.Ltd(603388) controlling shareholders intend to reduce their holdings of no more than 5.96% of the company’s shares

Yuancheng Environment Co.Ltd(603388) announced that Zhu Changren, the controlling shareholder of the company, and Hangzhou Beijia, the person acting in concert, intend to reduce the total shares of the company by no more than 17 million shares, i.e. no more than 5.96% of the total share capital of the company within 6 months after 15 trading days from the date of disclosure of this announcement.