Lianyu Co., Ltd.: Shareholder Pan Nianhua Did Not Reduce Stake and Terminated Reduction Plan Early

English summary

Lianyu Co., Ltd. announced that Pan Nianhua, a shareholder with over 5% stake and also director and general manager, originally planned to reduce up to 2,191,900 shares between June 26, 2026 and September 25, 2026. As of the announcement date, he had not reduced any shares and decided to terminate the plan early. He still holds 12,861,600 shares, representing 17.57% of total share capital, which may ease concerns about selling pressure.