On November 27, Gelonghui (300937.SZ) announced that it recently received the “Notice Letter on Reducing the Shares of Sichuan Hezong Pharmaceutical Co., Ltd. by a total of 1% and the progress of the reduction” issued by Mr. Tian Wenshu, a shareholder holding at least 5% of the company's shares and supervisor. It was learned that Mr. Tian Wenwen reduced his holdings of the company's shares by a total of 1,203,095 shares through centralized bidding between July 19, 2023 and November 24, 2023. The reduction in shareholding accounts for 1.26% of the company's total share capital.