According to Wanfang Development's announcement, Jilin Shuangyang Rural Commercial Bank Co., Ltd., a shareholder holding 5% or more of the shares, plans to reduce the total holdings of the Company's unlimited tradable shares by no more than 9.341,600 shares within three months after 15 trading days from the date of the announcement of the holdings reduction plan through centralized bidding or bulk transactions. The implementation of this holdings reduction plan is uncertain. Shuangyang Agricultural Commercial Bank will decide whether to implement this share reduction plan based on market conditions, capital requirements, etc.

According to Wanfang Development's announcement, Jilin Shuangyang Rural Commercial Bank Co., Ltd., a shareholder holding 5% or more of the shares, plans to reduce the total holdings of the Company's unlimited tradable shares by no more than 9.341,600 shares within three months after 15 trading days from the date of the announcement of the holdings reduction plan through centralized bidding or bulk transactions. The implementation of this holdings reduction plan is uncertain. Shuangyang Agricultural Commercial Bank will decide whether to implement this share reduction plan based on market conditions, capital requirements, etc.