Minglida: Shareholders Tai'an Saihui and concerted parties plan to reduce their holdings by no more than 1.00% of shares in total

Minglida announced that its shareholder holding more than 5%, Tai'an Saihui Enterprise Management Partnership, plans to reduce its holdings by 2.91 million shares, while its concerted actor, Tai'an Saiyue Enterprise Management Partnership, plans to reduce its holdings by 1 million shares, totaling a reduction of 3.91 million shares, accounting for 1.00% of the company's total share capital. The reduction will be conducted through centralized bidding, with the reason for the reduction being personal funding needs, and the reduction period will be within three months after fifteen trading days from the date of the announcement