Snow Dragon Group (603949.SH): Ningbo Lianzhan plans to reduce its shareholding by no more than 1.95%.

Wisdom Finance APP News, Snow Dragon Group (603949.SH) announced that on September 22, 2025, the company received a "Notice of Share Reduction Plan" from Ningbo Lianzhan. Ningbo Lianzhan has never reduced its holdings since its establishment in August 2016. Now, due to the personal fund needs of 43 partners, it plans to reduce its total holdings by not more than 411,060 shares, or 1.95% of the company's total shares.