Yuanwang Valley: Xu Yushuo plans to reduce the company's shares by no more than 3%.

Far View Valley announcement that the actual controller Xu Yusuo, who holds 106 million shares, accounting for 14.35% of the shares, plans to reduce holdings by no more than 22.1927 million shares within 3 months after 15 trading days from the date of this announcement due to personal capital needs, through centralized bidding and block trading, which is no more than 3% of the total share capital of the company.