Huashu Gaoko: Shareholders holding more than 5% of the shares terminate the plan to reduce their holdings in advance and have reduced their holdings by a total of 2% of the shares.

date
13/03/2026
Huashu Gaoki announced that Xingwang Construction, a shareholder with more than 5% of the shares, originally planned to reduce its holdings by up to 8,283,376 shares from February 5 to May 4, 2026, accounting for no more than 2% of the total share capital. As of March 12, Xingwang Construction reduced its holdings through centralized bidding by 4,141,688 shares and through block trades by 4,141,600 shares, totaling a reduction of 8,283,288 shares, accounting for 2.00% of the total share capital, with a total reduction amount of 696 million yuan. Due to the remaining number of shares being insufficient for block trades, the reduction plan has been terminated early. After this equity change, Xingwang Construction's shareholding ratio decreased from 20.00% to 18.57%.
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