Hiseco: Shen Ping plans to reduce holdings by no more than 0.926%

2025-07-25 18:34:04

Hiseco announced that Ms. Shen Ping, a person acting in concert with the company's controlling shareholder, plans to reduce her holdings by no more than 10.3734 million shares, accounting for 0.926% of the company's total share capital. Shen Ping currently holds 49.6259 million shares of the company, accounting for 4.43% of the company's total share capital. The reason for the reduction is personal capital needs, and it is planned to be carried out through block trading or centralized bidding within fifteen trading days after the announcement is disclosed. The reduction price will be determined based on the market price. This reduction is in compliance with relevant laws and regulations and will not lead to a change in the company's control or affect the company's governance structure. The company will supervise the compliance implementation of the reduction plan and remind investors to pay attention to risks.

Cisco

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