Fujian Nanping Sun Cable shareholder Yili Group plans to reduce its shareholding by no more than 3%

Fujian Nanping Sun Cable (002300.SZ) announced that the company's shareholder Fujian Yili Group Co., Ltd. (referred to as "Yili Group") plans to reduce its shareholding in the company by no more than 21.67 million shares (3% of the total share capital of the company) through centralized competitive bidding or block trading within 3 months after the disclosure of this announcement.