FUDAN ZHANGJIANG (01349): Shareholder Yang Zongmeng plans to reduce the company's shares by no more than 10,365,700 shares.

FUDANZHANGJIANG (01349) announces that the company has recently received notification letters from Yang Zongmeng and Wang Haibo regarding their plans to reduce their stake in FUDANZHANGJIANG. Due to their own financial needs, Yang Zongmeng plans to reduce his stake in the company by no more than 10,365,700 shares within 3 months after the disclosure date of this announcement through centralized bidding, with a planned reduction ratio not exceeding 1% of the company's total share capital; Wang Haibo plans to reduce his stake in the company by no more than 6,200,000 shares within 3 months after the disclosure date of this announcement through centralized bidding, with a planned reduction ratio not exceeding 0.60% of the company's total share capital.