China Overseas International (00848) collectively sold 25.1135 million shares of China Overseas Commercial shares, with a total price of approximately 161 million yuan.

date
02/12/2025
Zhixin Finance APP News, Maoye International (00848) announced that the company's indirectly wholly-owned subsidiary Baotou Maoye City Commercial Management Company (formerly known as Baotou Maoye Dongzheng Real Estate Development Co., Ltd.) has sold a total of 20 million shares and 2311.35 million shares (a total of 2511.35 million shares) of Maoye commercial shares on the open market on November 28, 2025 and December 1, 2025, accounting for approximately 1.45% of the total issued share capital of Maoye commerce as of this announcement, at an average selling price of approximately RMB 6.40 per share, with a total consideration of approximately RMB 161 million (excluding transaction costs). After the sale, the company's equity interest in Maoye commerce will decrease from 86.45% to 85%.