Fangbang Group (688020.SH) shareholders and directors plan to collectively reduce their shareholdings by no more than 1.5943%.

Intelligent Financial News App, Fangbang Shares (688020.SH) announced that, due to personal capital needs, shareholder Yi Hongqiong plans to reduce the number of shares held through centralized bidding or block trading within 3 months after 15 trading days from the date of disclosure of the announcement, not exceeding 1.4564% of the total share capital of the company, with a quantity of no more than 1.2 million shares. Director Ye Yong plans to reduce the number of shares held through centralized bidding or block trading within 3 months after 15 trading days from the date of disclosure of the announcement, not exceeding 0.1379% of the total share capital of the company, with a quantity of no more than 113,600 shares, and the total number of shares to be divested does not exceed 25% of the total number of shares he held before this divestment.