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Newway Co., Ltd.: Controlling shareholder Xi Chao has reduced his holdings by 1%
Newway Co., Ltd. announced that its controlling shareholder and actual controller, Xi Chao, reduced a total of 7.7521 million shares through centralized bidding from January 12, 2026, to March 4, 2026, accounting for 1.00% of the company’s current total share capital. The reduction price range was 51.23 to 64.23 yuan per share, realizing cash of 443 million yuan. After the reduction, Xi Chao held 75.7934 million shares, representing a 9.78% stake. Before the reduction, Xi Chao and its concerted parties held a total of 486 million shares, accounting for 62.70%.