Ningbo Fangzheng (300998.SZ) actual controller and its concerted action parties plan to collectively reduce their shareholding by no more than 3%

The Zhitong Financial News App reported that Ningbo Fangzheng (300998.SZ) announced that the company's major shareholder, actual controller, chairman and manager Mr. Fang Yongjie, who holds a total of 45.957 million shares of the company (accounting for 33.83% of the total share capital after deducting the repurchased shares), and his concerted action person Ningbo Xinggong Fangzheng Holdings Co., Ltd. (referred to as "Xinggong Holdings") plan to reduce the number of company shares by no more than 4.075 million shares (no more than 3% of the total share capital after deducting the repurchased shares) through centralized bidding or block trading within 3 months after 15 trading days from the disclosure date of the announcement (without reducing holdings during the window period).