Director David Fan (Xianglong Fan) of Shanghai Sanyou Medical Co., Ltd (688085.SH) plans to reduce his shareholding by no more than 1.44%.

Shanghai Sanyou Medical Co., Ltd (688085.SH) announced that one of the actual controlling shareholders, directors, senior vice president and secretary to the board, David Fan, intends to reduce his holdings of the company's shares by no more than 4 million shares (including this number) through block trades, accounting for approximately 1.44% of the total share capital of the company, due to his own financial needs.