Controlling shareholder intends to reduce 20 million shares

Jingcheng copper Industry (002171) received the notice of the controlling shareholder Anhui Chujiang Investment Group Co., Ltd., the Chujiang Group intends to reduce the holdings of some of its shares in the next six months through the securities trading system, the total reduction quantity of less than 20 million shares, accounting for the company's total share capital of 12.27%.　　Chujiang Group currently holds 102 million shares of the company, accounting for 63.1% of the total number of shares, after the reduction of Chujiang Group holding company shares still more than 50%, the absolute holding position, the actual control of the people also remain unchanged. Chujiang Group believes that the Chujiang group to reduce the company's stock is based on its own development needs to decide, is to further expand the Chujiang group industry chain, to achieve industrial integration, to provide the necessary financial security.