Aokang International (603001.SH) shareholder Xiang Jinyu plans to reduce their shareholding by no more than 3%.

Smart Finance APP News, Aokang International (603001.SH) announced that, due to personal funding needs, the company's shareholder Xiang Jinyu intends to reduce his holdings of the company's shares by 4 million shares and 8 million shares through centralized bidding and block trading, respectively, totaling not more than 12 million shares, or not more than 3% of the company's total share capital.