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