GLODON: The controlling shareholder and some directors plan to reduce their holdings

GLODON announced that its controlling shareholder, Diao Zhizhong, plans to reduce his holdings by no more than 32.8 million shares, accounting for 2.00% of the total share capital; Director Liu Qian plans to reduce his holdings by no more than 600,000 shares, accounting for 0.04% of the total share capital; Director Yun Langsheng plans to reduce his holdings by no more than 150,000 shares, accounting for 0.01% of the total share capital; Director Wang Aihua plans to reduce his holdings by no more than 500,000 shares, accounting for 0.03% of the total share capital. The reason for the reduction is personal funding needs, and the method of reduction will be through centralized bidding/block trading, with the reduction period being within three months after the 15 trading days following the announcement