Guangxian Media: Shareholders with more than 5% of the shares reduce their holdings to 5% or below.

date
25/06/2026
Guangxi Media announced that shareholder Shanghai Hantao Information Consulting Co., Ltd., holding more than 5% of the shares, will reduce its holdings by a total of 29.3358 million shares through centralized bidding and block trading from May 25, 2026 to June 24, 2026, accounting for 0.999997% of the company's total share capital. After this reduction, its shareholding ratio will decrease from 5.999997% to 4.999999%, no longer being a shareholder holding more than 5%. This equity change will not result in a change in the company's controlling shareholder or actual controller, and will not affect the company's governance structure and ongoing operations. As of the disclosure date of the announcement, the reduction plan has not been completed.