Gelonghui reported on December 12 that Nanwei Co., Ltd. (603880.SH) announced that on August 22, 2024, the company will disclose the 'Announcement of Shareholding Reduction Plan by Shareholders Holding More than 5% of Nanwei Co., Ltd.': Within 90 days after 15 trading days from the date of this announcement, Mr. Xu Dong plans to reduce his shareholding by no more than 2,890,420 shares through centralized bidding, which accounts for no more than 1% of the total share capital of the company. Within 90 days after 15 trading days from the date of this announcement, Mr. Xu Dong plans to reduce his shareholding by no more than 5,780,840 shares through block trading, which accounts for no more than 2% of the total share capital of the company. As of the date of this announcement, Mr. Xu Dong has reduced his shareholding by 2,721,921 shares through centralized bidding, accounting for 0.94% of the company's total share capital, and the implementation period of the shareholding reduction plan has ended, completing the reduction plan.