Wanfeng Corporation: Ningbo Yixian has reduced its shareholding in the company by 1.75%.

Wanfeng Corporation announced that a specific shareholder, Ningbo Yixian Enterprise Management Consulting Co., Ltd., has completed its reduction plan by reducing its holdings of the company's shares by 2.33 million shares through block trades, accounting for 1.75% of the company's total share capital. The total amount of the reduction is 31.93 million yuan. Prior to the reduction, Ningbo Yixian held 1.75% of the company's shares; after the reduction, it no longer holds any shares of the company.