Shanwai Shan (688410.SH): Shareholder Liu Yunjun completed a reduction of 3.21M shares, exceeding the limit by 1 share due to operational error

On May 8, 2026, Shanwai Shan (688410.SH) announced that shareholder Liu Yunjun reduced his holdings by a total of 3.21M shares through centralized bidding from February 9, 2026, to May 6, 2026, accounting for 1.00% of the total share capital.
The reduction price range was between 15.90 and 17.77 yuan per share, with a total reduction amount of approximately 53.7785 million yuan.

The announcement shows that Liu Yunjun originally planned to reduce no more than 3.2M shares, but due to operational errors, the total shares reduced before the initial public offering and the shares obtained from capital reserve conversion increased by 319,600.7 shares, exceeding the plan by 1 share.

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