
Juheshun: Hainan Yongchang plans to reduce its holdings by no more than 3%

Juheshun announced that due to the funding needs of its major shareholder Hainan Yongchang, it plans to reduce its holdings by no more than 3%. Specifically, it will reduce its holdings by no more than 3.1472 million shares (1%) through block trading and by no more than 6.2945 million shares (2%) through bulk trading. The reduction period will be within 3 months after the announcement is disclosed, expected to take place from September 25, 2025, to December 24, 2025
According to the announcement from Zhitong Finance APP, Juheshun (605166.SH) stated that due to the funding needs of the major shareholder, Hainan Yongchang plans to reduce its holdings through centralized bidding and block trading. The number of shares to be reduced through centralized bidding will not exceed 3.1472 million shares, accounting for no more than 1% of the company's total share capital; the number of shares to be reduced through block trading will not exceed 6.2945 million shares, accounting for no more than 2% of the company's total share capital. The reduction period will be from 15 trading days after the announcement is disclosed, lasting for 3 months, specifically from September 25, 2025, to December 24, 2025

