Data Harbor: Shareholder Ningbo Ruixin Cumulatively Reduced Holdings by Approximately 21.5 Million Shares, Share Reduction Plan Completed

NightAirdropper · 2026-03-12T11:20:14+00:00

The announcement from Data Harbor shows that Ningbo Ruixin reduced its shareholding by 21.5 million shares between January and March 2026, representing 2.99% of total shares outstanding, with its stake declining to 9.88% after the reduction. Meanwhile, Wang Bingnan, former vice minister of the Ministry of Commerce, stated that China will focus on expanding openness in the service sector.

NightAirdropper

2026-03-12 11:20:14

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Everyday Economic News AI Express, Data Port (SH 603881, closing price: 37.83 yuan) announced on the evening of March 12 that, starting from fifteen trading days after the announcement of the reduction plan (i.e., December 22, 2025), the company entered the implementation period for the reduction. During the implementation period, Ningbo Ruixin reduced approximately 21.5 million shares through centralized bidding and block trades from January 9, 2026, to March 11, 2026, accounting for 2.99% of the total share capital. After the reduction, it held about 70.95 million shares, representing 9.88% of the total share capital. On March 11, 2026, the company received a notification from Ningbo Ruixin that all the reductions had been completed.

Everyday Headlines (nbdtoutiao)—Exclusive interview with Wang Bingnan, former Vice Minister of Commerce: China will focus on expanding opening-up in the service sector and gradually open up fields such as telecommunications, healthcare, and education.

(Reporter Wang Xiaobo)

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