Director Hu Peifeng of Liqun Group (601366.SH) plans to reduce his holdings by up to 710,000 shares.

According to the announcement released by Liquor shares (601366.SH) on the Zhitong Finance and Economics APP, Mr. Hu Peifeng, director and vice president of the company, plans to reduce his holdings of the company's shares through centralized bidding on the Shanghai Stock Exchange Securities Trading System within 3 months after 15 trading days from the disclosure date of this reduction plan (excluding the blackout period and the period specified in relevant laws, regulations, and normative documents prohibiting share reduction). The number of shares to be reduced by Mr. Hu Peifeng shall not exceed 25% of his total shareholding at the end of the previous year, and he plans to reduce no more than 710,000 shares, accounting for 0.08% of the company's current total share capital. The reduction price of the above-mentioned reduction plan will be determined based on the market price at the time of the reduction implementation.