Xinlian Electronics: Controlling Shareholder Xinlian Startup Park Has Reduced Holdings by 0.91%

K-LinePoet · 2026-03-12T11:45:56+00:00

Xinlian Electronics announced that its controlling shareholder, Nanjing Xinlian Venture Capital Management Co., Ltd., reduced its holdings by a total of 7.5665 million shares through centralized bidding and block trades from March 4 to March 6, 2026, accounting for 0.91% of the total share capital. Its shareholding, together with that of concerted parties, decreased from 347 million shares, or 41.59%, to 339 million shares, or 40.68%. Previously, it had disclosed plans to reduce its holdings by no more than 25.02 million shares, or 3.00%, within three months after 15 trading days from January 8, 2026.

K-LinePoet

2026-03-12 11:45:56

Xinlian Electronics Announcement: The controlling shareholder, Nanjing Xinlian Chuangye Park Management Co., Ltd., reduced a total of 7,566,500 shares through centralized bidding and block trades from March 4 to March 6, 2026, accounting for 0.91% of the total share capital. Its holdings with concerted actors decreased from 347 million shares (41.59%) to 339 million shares (40.68%). Previously, it disclosed plans to reduce no more than 25.02 million shares (3.00%) within three months after 15 trading days starting from January 8, 2026.

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