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Xinlong Holdings announced that the company's shareholder Hainan Zhuhuake Industry & Trade Co., Ltd. originally planned to reduce its holdings by no more than 16.15 million shares through centralized bidding or bulk transactions from April 13 to July 12, 2026. As of July 12, when the period of the reduction plan expired, Hainan Zhuhua had not reduced its holdings of the company and still held 40.22,600 shares, accounting for 7.47% of the total share capital. The implementation of this holdings reduction plan complies with relevant regulations, does not violate the disclosed plan, and will not lead to a change in the company's control.
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Xinlong Holdings announced that the company's shareholder Hainan Zhuhuake Industry & Trade Co., Ltd. originally planned to reduce its holdings by no more than 16.15 million shares through centralized bidding or bulk transactions from April 13 to July 12, 2026. As of July 12, when the period of the reduction plan expired, Hainan Zhuhua had not reduced its holdings of the company and still held 40.22,600 shares, accounting for 7.47% of the total share capital. The implementation of this holdings reduction plan complies with relevant regulations, does not violate the disclosed plan, and will not lead to a change in the company's control.
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