Shentong Express announced that shareholder Deyin Investment plans to transfer no more than 17 million shares of the company to Chen Dejun in bulk transactions within three months after 15 trading days from the date of disclosure of this announcement, with a transfer ratio of no more than 1.11% of the company's total share capital. This share transfer is an internal transfer between the actual controller Chen Dejun and his co-actors, and does not involve a reduction in holdings in the market.

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