Weilong Co., Ltd. (603779) announced that on June 15, 2022, Weilong Wine Co., Ltd. received a letter from the company's shareholder Qingdao Xincheng Hongtai Zhizao Investment Center (Limited Partnership), June 2022 On the 14th, the company’s shares were reduced by 1.28 million shares through centralized bidding, which accounted for 0.38% of the company’s total share capital. After this reduction, Qingdao Xincheng Hongtai Zhizao Investment Center (Limited Partnership) held 0 shares of the company, accounting for 0.38% of the company’s total share capital. The proportion of the company's total share capital is 0%, and the implementation of this reduction plan has been completed.