
The concerted action party of MENON's controlling shareholder plans to reduce its holdings by no more than 1%

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Mr. Hong Wei, the controlling shareholder of MENON, and his concerted action partner, Shanghai Quanyu Zhihhe Management Consulting Firm, plan to reduce their holdings by no more than 1.4078 million shares, accounting for approximately 1% of the company's total share capital, through centralized bidding within 3 months after the announcement is disclosed, within 15 trading days
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