New Development: Shareholder Xu Lin intends to reduce his holdings of company shares by no more than 0.5340%.
The new announcement of Xinfengguang states that shareholder Xu Lin plans to reduce his holdings by no more than 755,445 shares, accounting for 0.5340% of the total share capital of the company, within 3 months after 15 trading days from the date of the announcement, due to his own capital needs, through centralized bidding or block trading. Xu Lin currently holds 755,445 shares, accounting for 0.5340% of the total shares, acquired before the IPO. In the past 12 months, Xu Lin has reduced 1,568 shares on February 12, 2026. The implementation of this reduction plan is uncertain and will not have a significant impact on the company's governance and operations.
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