Yongding Co., Ltd.: Controlling shareholder Yongding Group plans to reduce its holdings by no more than 1%

2026-03-07 11:51:18

Yongding Co., Ltd. announced that as of the disclosure date, the controlling shareholder Yongding Group holds 364 million shares of the company, accounting for 24.874%. Due to its own funding needs, it plans to reduce its holdings by no more than 14.6199 million shares, or 1% of the total share capital, through centralized bidding from March 24, 2026, to June 23, 2026. The reduction price will be determined based on the market price at the time of implementation.

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