Why did Wu reduce his holdings of Giant Wheel Intelligence?
Disappointment with the future development of the company. Julun Intelligent Equipment Co., Ltd., referred to as Julun Intelligent, is a tire mold development and manufacturing enterprise, which went public in 2004. The company is a key high-tech enterprise in the national torch plan. According to the inquiry announcement of Giant Wheel Intelligent official website, Wu, the chairman of the company, reduced his holdings of100000 shares through block trading based on his disappointment with the company's future development.