Minsheng Power: Shareholders holding more than 5% of the shares have completed their reduction holdings period, with a total reduction of 0.63% of the shares.

date
13/02/2026
Min Dong Power announced that the deadline for the reduction plan for shareholders holding more than 5% of the shares, the Provincial Investment Group, has expired. From December 3 to 12, 2025, the Provincial Investment Group reduced a total of 2.9 million shares through centralized bidding, accounting for 0.63% of the total share capital of the company, with an average selling price of 14.13 yuan per share. Before the reduction, the Provincial Investment Group held a 5.83% stake, which decreased to 5.20% after the reduction. The shares reduced this time were from the non-publicly issued shares subscribed in 2017, and did not exceed the planned reduction amount, nor will it result in a change in control of the company or have a significant impact on its continued operations.