Weilong Wine's two shareholders who hold more than 5% of the shares plan to focus on bidding to reduce their holdings

Beijing News October 8th, Veyron Wine Co., Ltd. announced that shareholders acting in concert will bid to reduce their shareholding plans, saying that its shareholders Qingdao Xincheng Hongtai Zhizao Investment Center (Limited Partnership) and Qingdao Xincheng Haishun Holdings Co., Ltd. plans to reduce its holdings of company shares.

According to the announcement, Shandong Xincheng Hengye Group Co., Ltd., acting in concert, Qingdao Xincheng Hongtai Intelligent Manufacturing Investment Center (Limited Partnership) and Qingdao Xincheng Haishun Holdings Co., Ltd. intend to announce the date of this share reduction plan (October) 9) within six months after fifteen trading days (window period, etc., no reduction of shares), the company will reduce its holdings of 4,298,935 shares of the company by means of centralized bidding, accounting for 6.43% of its holdings, and accounting for the company’s total 1.3% of equity.

At present, Qingdao Xincheng Hongtai Intelligent Manufacturing Investment Center (Limited Partnership) holds 3778935 shares of the company, accounting for 1.14% of the company's total share capital, and Qingdao Xincheng Haishun Holdings Co., Ltd. holds 520,000 shares of the company, accounting for the company's total share capital Of 0.16%. Both shareholders are non-largest shareholders with more than 5%.

New Beijing News trainee reporter Ren Dongxue Picture Screenshot of Weilong Wine Co., Ltd. announcement

Editor Ren Dongxue Proofreading Liu Baoqing

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