Guangdong Wanqing: Hehe Investment plans to reduce its holdings of the company's shares by no more than 2.88%.

Yuewanqing announced on March 12th that major shareholder Hehe Investment, holding 5.00625% of the shares, plans to collectively reduce its holdings of the company's shares by no more than 4.615 million shares through centralized bidding and block trading, which is a reduction ratio of no more than 2.88% of the total share capital of the company.