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Shan Shi Network Technology: Shareholder Yuanhe Zhongyuan's shareholding ratio has dropped to 5%
On December 16, Jin10 Data reported that Shanshi Network Technology announced that the company’s shareholder, Suzhou Industrial Park Yuanhe Chongyuan Acquisition Equity Investment Fund Partnership Enterprise, reduced its stake in the company’s shares and equity passively diluted from 7.3% to 5.0%. This equity change does not involve any acquisition offer and will not have significant impact on the company’s governance structure and ongoing operations.