Hang Dian Corporation (603618.SH)'s controlling shareholder, Sun Qingyan, plans to reduce his holdings by no more than 13.3623 million shares.

Financial news from Zhitong, Hangdian Corporation (603618.SH) issued an announcement stating that Mr. Sun Qingyan, the actual controller of the company, plans to reduce his holdings of the company's shares by no more than 13.3623 million shares through centralized bidding and block trading, representing a planned reduction ratio of no more than 1.9327% due to personal funding needs.