Zhongyan Co., Ltd. (688716.SH) shareholders plan to reduce their holdings by no more than 1%.

Zhitong Finance APP news, Zhongyan Co., Ltd. (688716.SH) announced that Wang Xiuyun and his concerted actor Liu Guoliang plan to collectively reduce their holdings by no more than 1.2168 million shares, accounting for no more than 1% of the company's total share capital, through a centralized bidding method. The total number of shares reduced within any consecutive 90 calendar days shall not exceed 1% of the total number of shares. The reduction period will be conducted within three months starting from the fifteenth trading day after the announcement is disclosed.