Fangbang Group: Shareholder Yi Hongqiong, who owns more than 5% of the shares, has reduced her holdings by 37,000 shares.

date
01/07/2026
Fangbang Corporation announced that on June 30, 2026, shareholder Yi Hongqiong reduced his holdings of the company by 37,000 shares through centralized competitive trading, accounting for 0.04% of the total share capital of the company. The percentage of shares held by the shareholder decreased from 6.04% to 5.99%, with this equity change crossing the 1% threshold. This reduction was part of a previously disclosed plan that has not yet been fully implemented, and will not have a significant impact on the company's governance and operations, nor lead to changes in the controlling shareholder or actual controller.