According to the Zhitong Finance App, Songfa Co., Ltd. (603268.SH) announced that Lin Daofan, a shareholder holding more than 5% of the company's shares, has reduced his holdings of the company by a total of 11.15 million shares through bulk transactions, accounting for 0.93% of the company's total share capital. The holdings reduction plan has expired, and the implementation of the holdings reduction plan has been completed.