Zhongfu Shenying Announcement: As of the disclosure date of this announcement, the controlling shareholder China Building Materials United Investment Co., Ltd. holds 298 million unrestricted circulating shares of the company, accounting for 33.16% of the total share capital. Due to its own operational needs, China United Investment plans to reduce its holdings by no more than 9 million shares through centralized bidding and no more than 18 million shares through block trades from March 10, 2026, to June 9, 2026, totaling no more than 27 million shares, representing 3% of the company’s total share capital. The shares to be reduced originate from shares acquired before the IPO.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Zhongfu Shenying: Controlling shareholder Zhonglian Investment plans to reduce holdings by no more than 3%
Zhongfu Shenying Announcement: As of the disclosure date of this announcement, the controlling shareholder China Building Materials United Investment Co., Ltd. holds 298 million unrestricted circulating shares of the company, accounting for 33.16% of the total share capital. Due to its own operational needs, China United Investment plans to reduce its holdings by no more than 9 million shares through centralized bidding and no more than 18 million shares through block trades from March 10, 2026, to June 9, 2026, totaling no more than 27 million shares, representing 3% of the company’s total share capital. The shares to be reduced originate from shares acquired before the IPO.