Shareholder Wu Jing of Shanghai Allied Industrial Group (301419.SZ) plans to reduce his holdings by no more than 1.5% of the shares.

Shanghai Allied Industrial Group (301419.SZ) announced that Mr. Wu Jing, a shareholder of the company, plans to reduce his holdings by a maximum of 1.80 million shares (up to 1.50% of the total share capital of the company) through centralized bidding and/or block trading within three months after 15 trading days from the date of this announcement.