NetEase Software (603189.SH), a major shareholder Feng Da, plans to reduce its shareholding by no more than 1%.

Wangda Software (603189.SH) announced that Mr. Feng Da, a shareholder with more than 5% of the company, plans to reduce his holdings by no more than 1% of the total number of shares through centralized bidding within 3 months after the disclosure of this announcement, due to his own financial needs.