Feinan Resources announced that Cathay Pacific Jinyuan and Hongsheng Open Source, which hold a total of 23,376,960 shares of Guangdong Feinan Resources Utilization Co., Ltd., plan to reduce their total holdings of the company's shares by no more than 7,500,000 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of this announcement.

Feinan Resources announced that Cathay Pacific Jinyuan and Hongsheng Open Source, which hold a total of 23,376,960 shares of Guangdong Feinan Resources Utilization Co., Ltd., plan to reduce their total holdings of the company's shares by no more than 7,500,000 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of this announcement.