Juneyao Airlines' major shareholder, Juneyao Group, plans to reduce its stake by no more than 3%.

Juneyao Airlines (603885.SH) announced that its controlling shareholder, Juneyao Group, plans to reduce its holdings by a total of no more than 3% of the total share capital of the company within 3 months after the disclosure date of this announcement, through centralized bidding and block trading methods, with a maximum of 65.52 million shares.