Nanning Department Store (600712.SH) shareholder Nanning Futian intends to reduce its shareholding by no more than 0.73%.

Nanning Department Store (600712.SH) announced that Nanning Futian, for its own capital needs, plans to reduce its holdings of Nanning Department Store shares by a total of no more than 3,999,300 shares through competitive bidding and bulk trading, not exceeding 0.73% of the total share capital of Nanning Department Store.