bruceleeexitthedragonenterthetiger| Shengtai Group: Youngor Clothing plans to reduce its shareholding in the company by no more than 1%

Securities Times e Company NewsbruceleeexitthedragonenterthetigerShengtai Group (605138) announced on the evening of May 16 that the company holds 15bruceleeexitthedragonenterthetigerYounger Garment Holdings Co., Ltd.(referred to as "Younger Garment"), whose shareholder is 67%, plans to reduce its shares by no more than 5.5556 million shares through centralized bidding transactions, that is, no more than 1% of the company's total share capital.