Renhe Pharmacy (000650.SZ) controlling shareholder intends to reduce its holdings by up to 3 million shares.

Renhe Pharmacy (000650.SZ) announced that the company's controlling shareholder, Renhe (Group) Development Co., Ltd., is planning to reduce its holdings of the company's shares by no more than 3 million shares through centralized bidding or block trading within 3 months after the disclosure date of the announcement, with a reduction ratio not exceeding 0.2143% of the total shares of the company, due to its own development needs.