Longitude and Latitude Hengrun: Shareholders and directors holding more than 5% of the shares plan to reduce their holdings by 970,000 shares upon expiration.
Jingwei Hengrun announced that the time interval for the share reduction plan of shareholder and director Cao Xuming, holding more than 5% of the shares, has expired. Before the reduction, Cao Xuming directly held 13,807,449 shares, accounting for 11.5101%. On September 16, 2025, he disclosed a plan to reduce no more than 1,000,000 shares, or no more than 0.8336% of the total shares of the company. From October 31, 2025 to January 6, 2026, Cao Xuming reduced a total of 970,000 shares through centralized bidding and block trades, accounting for 0.8086%, with a total reduction amount of 86,346,078 yuan. 30,000 shares of reduction were not completed, and the current shareholding ratio has decreased to 10.7015%.
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