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Huang Shanghuang: Xinyu Huang Shanghuang plans to reduce its holdings by no more than 3% of the company's shares
On April 7, Huang Shang Huang issued an announcement stating that on April 7, 2026, the company received a notice letter regarding the planned reduction of Huang Shang Huang’s shares issued by the controlled shareholder’s acting-in-concert party, Xinyu Huang Shang Huang Investment Management Center (Limited Partnership) (hereinafter referred to as “Xinyu Huang Shang Huang”).
The shareholder, Xinyu Huang Shang Huang, which holds 111,007,654 shares in the company (representing 19.84% of the company’s total share capital), plans to reduce its holdings of the company’s shares within three months after 15 trading days from the date of disclosure of this announcement, by means of centralized bidding transactions and block trades. The total number of shares to be reduced shall not exceed 16,786,000 shares, representing no more than 3% of the company’s total share capital. Of this, the number of shares to be reduced through block trades shall not exceed 11,191,000 shares, representing no more than 2% of the company’s total share capital; and the number of shares to be reduced through centralized bidding transactions shall not exceed 5,595,000 shares, representing no more than 1%.
(Company announcement)
(Editor: Wang Can, Lin Chen)
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