Shanghai Sunglow Packaging Technology's (603499.SH) controlling shareholder Dong Jianjun plans to reduce his shareholding by no more than 3%.

Shanghai Sunglow Packaging Technology (603499.SH) announced that the company's controlling shareholder and actual controller, Dong Jianjun, intends to reduce his shareholding in the company through centralized bidding and block trading within 3 months after the disclosure of this announcement. The total number of shares to be sold will not exceed 648.42 million shares or 3% of the company's total share capital.