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Shandong Molong announced that its shareholder Zhimeng Holdings and its concerted actor will collectively reduce their holdings of the company's H shares by a total of 107 million shares, accounting for 13.3866% of the company's total share capital, through centralized bidding from May 7, 2025 to May 8, 2025. After this reduction, Zhimeng Holdings and its concerted actor will collectively hold 44.81 million shares of the company, accounting for 5.6164% of the company's total share capital.
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