news flash·2025-07-04 10:59Core Viewpoint - Hehe Investment, a shareholder holding more than 5% of the shares, plans to reduce its stake in Guangdong Wannianqing (301111) by up to 4.8 million shares, representing 3.00% of the company's total share capital, within three months after the announcement date [1] Summary by Category - Shareholder Actions - Hehe Investment intends to reduce its holdings through centralized bidding and block trading methods [1] - The reduction will occur within three months following the announcement, starting 15 trading days after the disclosure [1] - Company Impact - The planned reduction of shares may influence market perception and stock performance of Guangdong Wannianqing [1] - The total shares to be reduced account for 3.00% of the company's total share capital, indicating a significant divestment [1]