Guangdong Brandmax Marketing (300805.SZ) multiple shareholders intend to collectively reduce their shareholding by no more than 4%.

Guangdong Brandmax Marketing (300805.SZ) announced that the company has recently received notification letters from shareholders Mr. Zhang Li, Shangrui Group Development Limited Company (referred to as "Shangrui Group"), Mr. Zeng Jun, and Fengshang International Group Development Limited Company (referred to as "Fengshang International") regarding their share reduction plans. Mr. Zhang Li plans to reduce his shareholding by no more than 4.2441 million shares, not exceeding 1.00% of the company's total share capital; Shangrui Group plans to reduce its shareholding by no more than 4.2441 million shares, not exceeding 1.00% of the company's total share capital; the two parties are expected to collectively reduce their shareholding by no more than 8.4882 million shares, not exceeding 2.00% of the company's total share capital. Mr. Zeng Jun plans to reduce his shareholding by no more than 4.2441 million shares, not exceeding 1.00% of the company's total share capital; Fengshang International plans to reduce its shareholding by no more than 4.2441 million shares, not exceeding 1.00% of the company's total share capital; the two parties are expected to collectively reduce their shareholding by no more than 8.4882 million shares, not exceeding 2.00% of the company's total share capital.