Shaanxi Black Cat: The actual controller reduces the company's shares, and the change in ownership reaches the 1% threshold.

date
05/03/2026
Shaanxi Heimao announced that on March 4, 2026, the company's actual controller Li Baoping reduced his holdings by 32.7927 million shares through block trading, representing a decrease of 1.61%. The shares were acquired through centralized bidding from August 2024 to January 2025. The total shareholding ratio of Li Baoping and his concerted action parties decreased from 51.79% to 50.19%, reaching the 1% threshold. This reduction does not violate any commitments, does not trigger a takeover offer, will not result in a change in controlling shareholder or actual controller, and will not have a significant impact on the company's governance and operations.