Shandong Molong (00568.HK) accused of cumulative reduction of 28.81 million H shares by controlling shareholder Zhi Meng Holdings

Zhongtong Finance APP news, Shandong Molong (00568.HK) announced that the company's controlling shareholder, Zhimeng Holdings, will cumulatively reduce its holdings of 28.81 million H-shares of the company (3.61% of the company's total share capital) through the securities trading system in a centralized bidding manner on May 9, 2025. After this reduction, Zhimeng Holdings will hold 16 million shares of the company (2.01% of the company's total share capital).