Shareholders of Shanghai Wisdom Information Technology (301315.SZ) plan to reduce their holdings by a total of no more than 1.45%.

Shanghai Wisdom Information Technology (301315.SZ) announced that Ms. Mao Chanjun, a concerted actor of the company's actual controller, plans to reduce her shareholding by 400,000 shares (accounting for 0.4545% of the company's total share capital) through centralized bidding within three months following the 15 trading days from the date of this announcement. Another shareholder, Shanghai Congwei Consulting Management Partnership (Limited Partnership) (hereinafter referred to as "Congwei Consulting"), plans to reduce its shareholding by 880,000 shares (accounting for 1.0000% of the company's total share capital) through centralized bidding within three months following the 15 trading days from the date of this announcement.