Ou Kanger International: Shareholders holding more than 5% of the shares reduced their holdings by 11.39 million shares, resulting in a cash-out of nearly 94.75 million yuan.

date
01/12/2025
Aokang International announced that the shareholder Xiang Jinyu's reduction plan has reached its expiration date. Before the reduction, Xiang Jinyu held 40 million shares of the company, accounting for 9.98% of the total share capital. From September 2, 2025 to December 1, he accumulated a reduction of 11.39 million shares through concentrated bidding and block trading, accounting for 2.84% of the total share capital. The reduction price range was 8.12 - 8.84 yuan/share, with a total reduction amount of 94.7483 million yuan. He did not complete the reduction of 610,000 shares, currently holding 28.61 million shares, accounting for 7.14% of the total share capital. This reduction is in compliance with regulations and consistent with the plan.