Zhejiang Xidamen New Material Holders Plan Small Stake Sale

marketscreener
2025.09.19 04:35
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(MT Newswires) -- Zhejiang Xidamen New Material (SHA:605155) said three minority shareholders acting in concert with its controlling shareholder plan to dispose of their entire holdings in the company, according to a Shanghai bourse filing on Friday. Zhang Xiangjuan, Liu Xiaohua, and Wang Weirong will offload a total of 157,000 shares, or 0.08% of the Chinese shading coated fabric products manufacturer, within three months through centralized bidding. The company's shares rose over 1% during midday trade.