The controlling shareholder, Yize Holding of Guangdong New Grand Long Packing (002836.SZ), plans to reduce its shareholding by no more than 3%.

Guangdong New Grand Long Packing (002836.SZ) announcement, the company's controlling shareholder Yize Holdings Co., Ltd. (referred to as "Yize Holdings") plans to reduce its holdings of the company's shares by a total of no more than 6.7619 million shares through centralized bidding and block trading within 3 months after 15 trading days from the disclosure of this announcement, with a reduction ratio not exceeding 3.00% of the company's total share capital (excluding shares held in the repurchase special account).