New Media Group (300770.SZ) specific shareholder Hengqin Red Soil Rongyao plans to reduce its holding of no more than 6.8434 million shares.

Zhtng Cijng APP News, New Media Holdings (300770.SZ) announced that the company's specific shareholder, Hengqin Red Soil Rongyao Entrepreneurship Investment Partnership (Limited Partnership), plans to reduce its holdings of company shares through centralized bidding or block trading within 3 months after 15 trading days from the date of this reduction plan announcement (from August 18, 2025 to November 17, 2025), with a total reduction of no more than 6.8434 million shares.