Shanghai Port: Controlling shareholder Hainan Longwan plans to reduce holdings by no more than 3%

Shanghai Port Announcement, the controlling shareholder Hainan Longwan holds 168 million shares, accounting for 69.1310%, and the concerted action person Xu Wang holds 140k shares, accounting for 0.0576%, totaling 69.1886%. Hainan Longwan plans to reduce holdings by no more than 2.43 million shares through centralized bidding and no more than 4.86 million shares through block trades within 15 trading days after this announcement is disclosed, until August 26, 2026, totaling no more than 7.29 million shares, accounting for 3.00% of the total share capital, sourced from pre-IPO acquisitions and capital reserve capital increase, with the reason for reduction being shareholder business needs.

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