Director Sun Yang of Derunhai (688069.SH) plans to reduce his stake by no more than 0.4474%.

The Zhitong Finance and Economics APP News, Derin Hai (688069.SH) issued an announcement that, due to personal funding needs, Mr. Sun Yang, a director of the company, intends to reduce his holdings of the company's shares through centralized bidding within 3 months after the 15th trading day from the disclosure of the share reduction plan. The number of shares to be reduced shall not exceed 505,600 shares, accounting for no more than 0.4474% of the total share capital of the company and no more than 25% of the number of company shares held before this reduction by the individual.