Kanglong Huacheng: Shareholders holding more than 5% of the shares intend to reduce their holdings by no more than 1.50% of the shares.
Kanglong Huacheng announced that the company's shareholder, Xin Zhong Kangcheng, and its concerted action person, Xin Zhong Longcheng, plan to reduce their shareholdings. Xin Zhong Kangcheng holds approximately 215 million shares of the company, accounting for 11.68% of the total share capital, and plans to reduce no more than 16.8426 million shares, accounting for 0.92%; Xin Zhong Longcheng holds 10.7166 million shares of the company, accounting for 0.58% of the total share capital, and plans to reduce no more than 10.7166 million shares, accounting for 0.58%. The reduction will be conducted within 3 months starting from May 27, 2026, through methods such as centralized bidding or block trading. This reduction is due to the expiration of the partnership enterprise's tenure and its own financial needs.
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