General Electric Singapore company reduced its stake in China Xidian by 1%, the reduction plan was not completed.

date
09/09/2025
On September 9, 2025, China West Electric Group Limited announced that GESMALLWORLDPTELTD, a shareholder holding more than 5% but not the largest shareholder, had cumulative sold 51,258,823 shares through centralized bidding from August 28 to September 8, accounting for 1% of the total share capital. After the equity change, its shareholding ratio decreased from 10.00% to 9.00%. This reduction is consistent with previous disclosure plans and commitments, does not trigger a tender offer, will not change the company's controlling shareholder or actual controller, and the reduction plan has not been fully implemented. The company will urge them to reduce their holdings in compliance and disclose information in a timely manner.