Guizhou Chitianhua Co., Ltd. (SH: 600227) has announced that China Great Wall Asset Management Co., Ltd. intends to reduce its stake in the company. The planned reduction involves no more than 50.66 million unrestricted tradable shares, which represents up to 3% of the company's total share capital.

According to the company's disclosure, the asset management firm will execute the share reduction through block trades or centralized bidding transactions within a three-month period starting 15 trading days after the announcement date. This move comes as part of the shareholder's strategic portfolio adjustment.

The exact number of shares to be sold will depend on market conditions and the firm's investment decisions during the designated trading window. Guizhou Chitianhua has stated that the reduction will be conducted in compliance with relevant regulatory requirements and will not affect the company's operational stability.