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Home > Latest

Tongda Sea: Xin Chenghai completes a reduction of 0.1449%

date
26/09/2025
According to the announcement of Tongda Sea, as of September 25, 2025, shareholder Xin Chenghai's plan to reduce his holding of 5% or more has expired. During this period, he reduced his holdings by 140,000 shares through centralized bidding, accounting for 0.1449% of the total share capital of the company. His shareholding ratio decreased from 8.4986% to 8.3537%. Shareholder Shi Yuqing did not reduce his holdings and still holds 6.1726 million shares, accounting for 6.3899% of the total share capital.
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On September 25th, local time, Chinese Premier Li Keqiang met with representatives from American friendly organizations in New York. The meeting was attended by representatives from the US-China Business Council, the National Committee on US-China Relations, the American Chamber of Commerce, the Council on Foreign Relations, as well as scholars and business leaders. After carefully listening to the opinions of the American attendees, Li Keqiang stated that China-US relations are the most important bilateral relationship in the world. The two countries can and should be partners and friends. Looking back at history, friendly exchanges between China and the United States have been mainstream and prevalent. Looking to the future, China and the United States need to find the correct way to coexist in a new era. Just as President Xi Jinping said, the vast Pacific Ocean can accommodate both China and the United States, as well as other countries. As two major powers in the world, China and the United States should respect each other, peacefully coexist, and achieve mutual prosperity through cooperation. Economic and trade relations are an important part of the bilateral relationship. China and the United States have significant differences in market structure, but their industrial structures complement each other and hold important positions in the international industrial chain. Strengthening economic and trade cooperation between the two countries will bring mutual benefits and win-win outcomes that benefit the global economy. Li Keqiang emphasized that China has the confidence and ability to maintain stable and healthy economic development, creating more opportunities for enterprises from various countries, including those from the United States. Regardless of how the external environment changes, China will do its utmost to provide more certainty for the development of foreign-funded enterprises.
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