New Media Group: Hengqin Red Soil reduces its holdings by 2.31% in two days.
New Media Corporation announces that its shareholder Hengqin Red Soil Rongyao Venture Investment Partnership reduced its holdings through centralized bidding on August 27, 2025, at an average price of 48.67 yuan per share, reducing 1.93 million shares, accounting for 0.85%; on August 28, 2025, it reduced its holdings through block trading at an average price of 41 yuan per share, reducing 3.342 million shares, accounting for 1.47%; the total reduction over the two days was 5.272 million shares, accounting for 2.31%. After the reduction, it holds 1.8127 million shares, accounting for 0.80%.
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