Hangzhou Dianzi Stock: Shareholders and directors propose to reduce their shareholding by no more than 6.3915 million shares.

Hangdian Corporation announced that shareholders Fuchunjiang Communication Group, Dong Gaohua Jianfei, Ni Yijian, Yin Zhiping, and Hu Jianming intend to reduce their shareholdings. Within 3 months after the announcement is made, Fuchunjiang Communication Group plans to reduce its holdings by up to 1.53 million shares through centralized bidding and up to 3.06 million shares through block trading; Dong plans to reduce his holdings by up to 25% through centralized bidding, totaling no more than 1.8015 million shares. The reduction is due to the business operations and personal financial needs of the individuals, and will not affect the company's continuous operation.