Yi Wang Yi Chuang: Shareholder Zhang Fan plans to reduce his stake in the company by no more than 1%

Jinshi data, December 12, Yiwang Yichuang announced that Zhang Fan, a shareholder with more than 5% of the company’s shares, plans to reduce the company’s shares through centralized Bidding trading and/or Block Trading, with a planned reduction of no more than 2.3694 million shares, accounting for 1.00% of the total share capital of the company. The reduction period is from January 6, 2025, to April 4, 2025. The price range for the reduction will be determined based on the market price and trading method at the time of the reduction. The reason for Zhang Fan’s reduction is based on his own capital needs, and the shares come from the shares issued before the initial public issuance, the shares issued before the initial public issuance, the shares distributed by the bonus, and the shares acquired through protocol transfer.