Kinco's controlling shareholder plans to reduce its holdings by no more than 3%

Zhitong
2025.08.04 12:59
portai
I'm PortAI, I can summarize articles.

According to the announcement from Kinco, the company recently received a notice from its controlling shareholder, Shanghai Bujin, regarding the plan to reduce shareholding. Due to the shareholder's own funding needs, the controlling shareholder Shanghai Bujin plans to reduce its holdings of the company's shares by no more than 2.725 million shares (not exceeding 3% of the company's total share capital) through centralized bidding and block trading

According to the announcement from Zhitong Finance APP, Kinco (688160.SH) recently received a notice from its controlling shareholder Shanghai Bujin regarding the "Share Reduction Plan." Due to the shareholder's own funding needs, the controlling shareholder Shanghai Bujin plans to reduce its holdings of the company's shares by no more than 2.725 million shares (not exceeding 3% of the company's total share capital) through centralized bidding and block trading

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.