ST Yishite (300376.SZ) shareholder Eastern Group plans to reduce its stake by no more than 3%.

The Smart Finance and Economics APP news, ST Yishite (300376.SZ) announced that the company's largest shareholder, Yangzhou Dongfang Group Co., Ltd. (referred to as "Dongfang Group"), plans to reduce its holdings of the company's shares by a total of no more than 68.885 million shares within three months after the disclosure date of this announcement, which is no more than 3.00% of the company's total share capital excluding repurchased shares.