Meinong Biotechnology: Shareholder Li Da plans to reduce his stake in the company by no more than 3% of the shares.

American Agriculture Biological announced that shareholder Li Da plans to reduce his holdings by no more than 4.2235 million shares, accounting for 3% of the total share capital of the company, within 3 months after 15 trading days from the date of the announcement through centralized bidding and block trading methods. As of the date of the announcement, Li Da held 3.64% of the company's shares. The reason for the reduction is personal fund needs, and the reduction price will not be lower than the issue price of the company.