To The Moon

Guangzhou Shangpin Home Collection Co.,Ltd. (300616.SZ) announced that Mr. Peng Jinxiong, a director and senior executive of the company, plans to reduce his shareholding through block trades or centralized bidding. The selling period will commence 15 trading days after the disclosure of this announcement and last for three months. The number of shares to be sold does not exceed 2 million, accounting for approximately 0.89% of the company's total share capital and 0.96% of the total share capital excluding shares in the company's repurchase专用 securities account. Separately, Mr. Fu Jianping, an employee director and senior executive, also plans to sell shares via block trades or centralized bidding within the same three-month period starting 15 trading days after the announcement. The maximum number of shares he will sell is 2 million, representing about 0.89% of total shares outstanding and 0.96% of shares outstanding excluding those held in the repurchase专用 account.