Eastern Ocean: Guoyuan Fund plans to reduce its holding in the company by no more than 1%.

On the evening of May 11th, Oriental Ocean announced that its shareholder, Shenzhen Qianhai Guoyuan Private Equity Securities Fund Management Co., Ltd. - Guoyuan Value Selected No.1 Private Equity Securities Investment Fund Plan, holding 10.81% of the company's shares, plans to reduce its holdings of 19.58 million shares of the company through centralized competitive bidding.