ZHONGYA GROUP: Multiple shareholders plan to reduce their holdings in the company

ZHONGYA GROUP announced that the company's chairman and actual controller, Shi Zhongwei, plans to reduce his holdings by no more than 1.5 million shares, accounting for 0.3720% of the total share capital after excluding repurchased shares. The company's director and actual controller, Xu Manhua, also plans to reduce his holdings by no more than 1.5 million shares, accounting for 0.3720% of the total share capital after excluding repurchased shares. The company's shareholder, Hangzhou Fupai Management Consulting Co., Ltd., plans to reduce its holdings by no more than 1.5 million shares, accounting for 0.3720% of the total share capital after excluding repurchased shares. The company's shareholder, Hangzhou Gaodi Enterprise Management Consulting Co., Ltd., plans to reduce its holdings by no more than 390,000 shares, accounting for 0.0967% of the total share capital after excluding repurchased shares. The company's shareholder, Shi Fengxiang, plans to reduce his holdings by no more than 218,600 shares, accounting for 0.0542% of the total share capital after excluding repurchased shares. The reason for the reduction is personal funding needs, and the methods of reduction include centralized bidding or block trading, with the reduction period being within three months after 15 trading days from the announcement date