Feilong Auto Components (002536.SZ) intends to reduce its holding of no more than 2% of its shares by the controlling shareholder.

Feilong Auto Components (002536.SZ) announced that its controlling shareholder, Henan Wanxi Holdings Co., Ltd. (hereinafter referred to as "Wanxi Holdings"), plans to reduce its shareholding by no more than 11,495,700 shares (not exceeding 2% of the total share capital of the company) through block trades within three months after fifteen trading days from the date of the announcement.