Hangzhou Advance Gearbox Group Co., Ltd. Class ASSE: 601177

Indicative Announcement on Active Share Reduction of Shares after Shareholders Holding Over 5% Shares of Shares after Passive Dilution to Below 5%

· Issued by Hangzhou Advance Gearbox Group Co., Ltd. Class A via Shanghai Stock Exchange
Indicative Announcement on Active Share Reduction of Shares after Shareholders Holding Over 5% Shares of Shares after Passive Dilution to Below 5%

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