Jiaze Renewables Corporation Limited (601619.SH) announced that its shareholder, Global Partners LP ("GLP"), intends to reduce its stake by up to 3% of the company's total shares, equating to no more than 87.3797 million shares. This plan will be executed through block trades and centralized competitive bidding within three months from the 15th trading day following the announcement, considering GLP's group strategy and operational plans.