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What are the rules for shareholders of science and technology innovation board to reduce their holdings?
Science and technology enterprises are highly dependent on the founders and core technical teams, and their future development is uncertain. Therefore, it is necessary to maintain a relatively stable shareholding structure and ensure the sustainable development of the company. Therefore, science and technology innovation board has set up a more reasonable reduction system.

The specific rules are as follows:

1, keep the control and technical team stable.

2. Restrict shareholders from reducing their holdings of unprofitable companies.

3. Optimize the reduction method.

4. Provide a more flexible way for other shareholders such as venture capital funds to reduce their holdings.

5. Strengthen the information disclosure of reduction.