According to Zhuangyuan Ranch's announcement, Ma Hongfu, the shareholder and director who holds more than 5% of the shares, plans to reduce the company's shares by no more than 5,807,000 shares through centralized bidding and bulk transactions, accounting for 3.00% of the company's total share capital.

According to Zhuangyuan Ranch's announcement, Ma Hongfu, the shareholder and director who holds more than 5% of the shares, plans to reduce the company's shares by no more than 5,807,000 shares through centralized bidding and bulk transactions, accounting for 3.00% of the company's total share capital.