Wanfeng Corporation: Certain shareholders plan to reduce their holdings by no more than 1.75% of the company's shares.

On May 19th, Wanfeng Corporation announced that a specific shareholder, Ningbo Yixian Enterprise Management Consulting Co., Ltd., due to its own funding needs, plans to reduce its holdings of the company's shares through block trading from June 11th, 2025 to September 8th, 2025, no more than 2,332,400 shares, or 1.75% of the company's total share capital.