Guangxi Media: The shareholder Shanghai Hantao, which originally held more than 5% of the shares, has completed its share reduction plan, with a total reduction of 51,913,100 shares.

date
10/08/2026
Guangxi Media announced that Shanghai Hantao Information Consulting Co., Ltd., a former shareholder holding more than 5% of shares in the company, has reached the expiration of its disclosed share reduction plan. Between May 11, 2026, and August 10, 2026, it reduced its holdings by 28,878,800 shares through centralized bidding transactions and by 23,034,300 shares through block trades, for a total reduction of 51,913,100 shares, accounting for 1.769611% of the total share capital. After this reduction, Shanghai Hantao holds a total of 124 million shares in the company, representing 4.230430% of the total share capital.