China Unicom: Shareholders with more than 5% stake reduce their holdings, resulting in their ownership dropping to 5%.

China Unicom announced that the structural adjustment fund has implemented a reduction plan, from November 13, 2025 to January 29, 2026, a total of 295,842,634 shares of the company will be reduced through centralized bidding and block trading, accounting for 0.95% of the total share capital, and the shareholding ratio will decrease from 5.95% to 5.00%. This reduction is aimed at optimizing the structure of state-owned capital, meeting its own development needs, and will not result in a change in the company's controlling interest. The reduction plan has not been completed yet.