Core Shares: Xingcheng Investment reduces its holdings, reducing its stake to below 5%.

date
13/03/2026
Xin Yuan Corporation announced that from March 6 to March 13, 2026, Xingcheng Investment reduced its stake in the company through block trading due to its own operational management needs. Jiaxing Shixing reduced its stake by 2.3733 million shares, Jiaxing Haicheng reduced its stake by 2.06603 million shares, and Qingcheng Wenxing reduced its stake by 10,000 shares. After this equity change, Xingcheng Investment holds a total of 26.295761 million shares, accounting for 4.999999% of the total share capital of the company, no longer a shareholder holding more than 5% of the shares. This reduction does not trigger a tender offer, will not result in a change in the company's controlling shareholder or actual controller, and will not have a significant impact on the company's governance and operations.