Linewell Software Co.Ltd(603636) shareholders intend to reduce their shares of the company by no more than 3%

Linewell Software Co.Ltd(603636) announcement: due to its own capital needs, the shareholder of the company, CETC investment, will reduce its shares in the company through centralized bidding within 3 months after 15 trading days from the date of disclosure of this announcement, or through block trading within 3 months from the date of disclosure of this announcement. The number of shares to be reduced shall not exceed 17723806, and the reduction proportion shall not exceed 3.00% of the total share capital of the company.

The company said that CETC investment does not belong to the controlling shareholder and actual controller of the company. The implementation of this reduction plan will not lead to the change of the company’s control and will not have an impact on the company’s governance structure and sustainable operation.

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