China Jushi announced that the company received a letter from Zhenshi Group, a shareholder holding more than 5% of the shares, to reduce its holdings of the company's shares by 28.32,400 through centralized bidding transactions from September 15 to 17, 2026. After this change in equity, the total shareholding ratio of Zhenshi Group and its co-actors fell from 18.50% to 17.79%, hitting the 1% scale. This reduction in holdings did not violate relevant commitments, did not touch on the proposed takeover, and would not lead to changes in the company's controlling shareholders and actual controllers.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.