Xuode Education (872662): Tang Xingwei and Wang Qingliang plan to reduce holdings of approximately 650,000 shares and approximately 400,000 shares of the company, respectively.

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Everyday Economic News reports that Xude Education announced on March 13 that on March 13, 2026, the company’s shareholders Tang Xingwei and Wang Qingliang signed “Share Transfer Agreements” with Wang Zengchun. They plan to reduce their holdings through a specific matter agreement, transferring approximately 650,000 and 400,000 shares respectively. Tang Xingwei’s shareholding ratio will decrease from about 35.60% to approximately 26.70%, and Wang Qingliang’s from about 21.90% to approximately 16.42%. The combined shareholding ratio of Tang Xingwei and his concerted parties will decrease from about 60.61% to approximately 46.24%.

(Reporter Zeng Jianhui)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Please verify before use. Proceed at your own risk.

Daily Economic News

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