Youte Precision: Shareholder UCM completes reduction of 1.3334 million shares, reducing their stake to 12.49%.

date
10/06/2026
Youtex Precision announced that its shareholder United Creation Management Limited has completed its reduction plan. From March 11 to June 10, 2026, it reduced 1.33 million shares through centralized bidding, accounting for 1% of the total share capital. The average reduction price was 18.68 yuan per share, with a price range of 18.10 to 18.73 yuan per share. After the reduction, UCM's shareholding decreased to 16.6586 million shares, accounting for 12.49% of the total share capital. This reduction will not result in a change in the company's controlling ownership, and will have no adverse impact on corporate governance, ownership structure, or operations.