Yuanli Corporation: Sanan Group plans to reduce its holdings by no more than 3% of the total share capital of the company.

Yuanli Corporation announced that its shareholder, Sanan Group, plans to reduce its holdings by a total of no more than 10,787,100 shares, accounting for 3% of the company's total share capital, through centralized bidding and/or block trading. The reason for the reduction is for its own capital needs, and the source of the reduction is through agreement transfers.