Hang Dian Stock: Sun Qingyan plans to reduce his shareholding in the company by no more than 1.9327%.

Hangdian Corporation announcement: The company's actual controller, Sun Qingyan, plans to reduce his holdings by no more than 13.3623 million shares through centralized bidding and block trading due to personal financial needs, accounting for 1.9327% of the total share capital of the company.