NBD AI Bulletin,Sichuan XunYou Network Technology Co., Ltd. (SZ 300467, closing price: ¥14.00) announced on the evening of May 22 that it received a notice from Mr. Zhang Jianwei, the controlling shareholder and one of the actual controllers of the Company, on May 22, 2020, that Mr. Zhang Jianwei intends to reduce the holding of shares of the Company in a large transaction or other way permitted by law or regulation no more than (including) 4.325 million shares (1.94% of the Company's current total share capital).

According to the 2019 annual report, Sichuan XunYou Network Technology Co., Ltd.'s main business is the Internet Acceleration Services business, mobile Internet advertising display services business, accounting for 74.3%,25.7% of revenue, respectively.

Chairman of Sichuan XunYou Network Technology Co., Ltd. is Zhang Jianwei: male, 46-year-old, junior high school education. President of the company is Yuan Xu: male, 36-year-old, and EMBA student at Cheung Kong Graduate School of Business.

(By Li Menglin)

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