Director and Co-General Manager Miao Jinyi of Zhewen Pictures Group Co., Ltd (601599.SH) plans to reduce his holdings by no more than 11 million shares.

Announcement from Zhewen Pictures Group Co., Ltd. (601599.SH): The company's director and co-general manager Miao Jinyi plans to reduce his total holdings of company shares by no more than 11 million shares through open market transactions within 3 months after the disclosure of this announcement, with the reduction percentage not exceeding 0.95% of the total share capital of the company.