Newway Group: Major shareholder Xi Chao has reduced his stake by 1%.

date
04/03/2026
Newey Corporation announcement, the company's controlling shareholder and actual controller Xi Chao will accumulate and reduce 7.7521 million shares through centralized bidding from January 12, 2026 to March 4, 2026, accounting for 1.00% of the company's current total share capital, at a price range of 51.23 to 64.23 yuan per share, cashing out 443 million yuan; after the reduction, holding 75.7934 million shares, holding 9.78%. Before the reduction, Xi Chao and the concerted action persons collectively held 486 million shares, accounting for 62.70%.