WeDo Technology: Shareholder Shanghai Jianyuan plans to reduce its shareholding by 1.1%.

Vanda Technology announced that shareholder Shanghai Jianyuan plans to reduce its holdings by no more than 1.18 million shares, or 1.1% of the company's total share capital, through centralized bidding and/or block trading within three months after the disclosure date of the announcement. As of the announcement date, Shanghai Jianyuan holds a total of 1.18 million shares of the company, accounting for 1.1% of the total share capital.