Shandong Molong (00568.HK) shareholders Zhimeng Holdings and its concerted actors have collectively reduced the company's H shares by 1.068 billion shares through centralized bidding.

China Economic Network APP News, Shandong Molong (00568.HK) announced that on May 8, 2025, the company received a notification from its shareholder Shandong Zhimeng Holdings Co., Ltd. (Zhimeng Holdings) and its concerted actions, Pankin Property Limited (Pankin Property), Shouguang City Hong Sen Logistics Co., Ltd. (Hong Sen Logistics) and Shouguang City Ruisen New Building Materials Co., Ltd. (Ruisen New Materials), regarding the following: Hong Sen Logistics and Ruisen New Materials collectively reduced the company's H share holdings by 31.9372 million shares (4.0029% of the total share capital) on May 7, 2025 through the securities trading system by centralized bidding; and Zhimeng Holdings, Pankin Property and Hong Sen Logistics collectively reduced the company's H share holdings by 74.8676 million shares (9.3837% of the total share capital) on May 8, 2025 through the securities trading system by centralized bidding.