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Shandong Fiberglass: Shareholder Dongxing Investment Holding Plans to Reduce Holdings by No More Than 3%
Shandong Fiberglass Announcement: Shareholder Shanghai Dongxing Investment Holding Development Co., Ltd., holding more than 5% of the shares, owns 90.11M shares of the company, accounting for 15.02%. It plans to reduce its holdings by no more than 18M shares, or 3.00%, from May 1, 2026, to July 31, 2026, through centralized bidding and block trades, with no more than 6M shares (1.00%) via centralized bidding and no more than 12M shares (2.00%) via block trades. All shares were acquired before the IPO, and the reason for the reduction is due to its own capital needs.