Sanjiang Shopping: Shareholder Ali Zetai plans to reduce holdings by no more than 2% of the company's shares

NightAirdropper · 2026-04-04T17:02:11+00:00

Everyday AI Express. On April 1, Sanjiang Shopping (601116.SH) announced that shareholders holding more than 5%—Hangzhou Alibaba Zeta Information Technology Co., Ltd.—plan to reduce their holdings of the company’s shares by no more than 10.9536 million shares through centralized bidding and block trades, which is no more than 2% of the company’s total share capital. Of this, the number of shares to be reduced via centralized bidding will be no more than 5.4768 million shares, and via block trades will be no more than 5.4768 million shares. The reduction period will be from April 24, 2026 to July 23, 2026. Daily Economic News

NightAirdropper

2026-04-04 17:02:11

Everyday Economic News AI Express. On April 1, Sanjiang Shopping (601116.SH) announced that Hangzhou Alibaba Zetai Information Technology Co., Ltd., a shareholder holding more than 5%, plans to reduce its holdings of the company’s shares by no more than 10.9536 million shares, i.e., no more than 2% of the company’s total share capital, by means of centralized bidding and block trades due to its own business arrangements. Among them, the reduction via centralized bidding will be no more than 5.4768 million shares, and the reduction via block trades will be no more than 5.4768 million shares. The reduction period will be from April 24, 2026 to July 23, 2026.

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