Only Wan Seal (301161.SZ) shareholder Shanghai Fangyi plans to reduce its holding by no more than 1% of the shares.

Chinatop Financial News APP reported that Weiwan Seals (301161.SZ) announced that the company's shareholder, Shanghai Fangyi Enterprise Management Consulting Limited Partnership (referred to as "Shanghai Fangyi"), plans to reduce its holding of the company's shares by no more than 1.2 million shares through centralized bidding within 3 months after the disclosure of this announcement, which is not more than 1% of the total share capital of the company.