Fangzheng Technology: Shareholder Fangzheng Information Industry plans to reduce its holdings by no more than 3%

date
26/02/2026
Fangzheng Technology announced that as of February 26, 2026, shareholder Fangzheng Information Industry holds 276 million shares, accounting for 6.47%, and together with concerted action parties holds a total of 340 million shares, accounting for 7.96%. Fangzheng Information Industry plans to reduce its holdings by no more than 128 million shares from March 23, 2026 to June 22, 2026, including no more than 42.7374 million shares through centralized bidding and no more than 85.4748 million shares through block trades. The total reduction ratio will not exceed 3.00%, and the reason for the reduction is for its own capital needs.