China New Group: Shareholder CPG CORPORATION plans to reduce its holdings by no more than 3%.

date
13/01/2026
Announcement from China New Group: As of the disclosure date of this announcement, shareholder CPG CORPORATION PTE LTD holds 65.5228 million shares of the company, accounting for 4.37%. It plans to reduce its holdings through centralized bidding not exceeding 14.9889 million shares and block trading not exceeding 29.9778 million shares from January 20, 2026 to April 20, 2026, totaling no more than 44.9667 million shares, representing 3% of the company's total share capital. The planned reduction of shares is all from shares acquired before the IPO, and the reasons for the reduction are to revitalize existing assets, optimize asset structure, and serve the overall strategic goals of the group.