The controlling shareholder of Panda Dairy Corporation (300898.SZ) and other concerted actors have completed the reduction of 499,970 shares.

Panda Dairy Corporation (300898.SZ) announced that the actual controller of the company and the concerted actioner, Chen Xiuqin, has reduced her shareholding in the company by 49,997 shares through centralized bidding, accounting for 0.4% of the total share capital. The reduction plan has been completed.