Flying Music: Shareholders holding more than 5% of the shares plan to reduce their holdings by no more than 1%.
Fei Le audio announcement that as of the disclosure date of the announcement, shareholder Lingang Group holds 130 million unrestricted tradable shares of the company, accounting for 5.20% of the total share capital. The company received a notice from Lingang Group on April 8, stating their plan to reduce their holdings in the company through centralized bidding within 3 months after 15 trading days from the disclosure date of the announcement, with a maximum of 25.07 million shares, accounting for no more than 1% of the total share capital. The reduction is due to the operational needs of Lingang Group, and the quantity and price are uncertain.
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