Shanghai Menon Animal Nutrition Technology (301156.SZ) controlling shareholder's concerted action plan to reduce their shareholding by up to 1%.

Shanghai Menon Animal Nutrition Technology (301156.SZ) announced that its controlling shareholder and actual controller, Mr. Hong Wei, and the concerted action person Shanghai Quanyu Zhihe Management Consulting Partnership (formerly known as Shanghai Quanyu Investment Management Partnership, referred to as "Quanyu"), hold 10.39 million shares of the company (accounting for 7.38% of the current total share capital of the company). They plan to reduce their holdings by no more than 1% of the total share capital of the company, which is equivalent to 1.4078 million shares, through centralized bidding within 3 months after the announcement is disclosed, starting from 15 trading days after the announcement.