Guangdong Mingzhu: Shareholders holding more than 5% of the shares plan to reduce their holdings by up to 1% of the company's shares.

Guangdong Mingzhu announced on January 23 that shareholder Guangzhou Yinguoda Private Equity Fund Management Co., Ltd. holds 5.04% of the company's shares and plans to reduce its shares by no more than 694.41 million shares through centralized bidding, which is not more than 1% of the total shares of the company.