Holly Futures' controlling shareholder to reduce H share stake

Holly Futures announced that Zhong Shan Company Limited, a subsidiary of its controlling shareholder SOHO Holdings Group, plans to reduce its stake in the company. Zhong Shan Company intends to sell up to 24,255,000 H shares, representing approximately 2.41% of Holly Futures' total issued shares, through centralized bidding. The reduction is set to commence from December 1, 2025, and will span six months, with pricing determined by market conditions.

Following this planned shareholding reduction, SOHO Holdings will maintain its position as the controlling shareholder. The company stated that the reduction is not expected to have a significant impact on its operations, financial health, or future development.

As of the announcement date, SOHO Holdings directly and indirectly controls 509,750,107 shares, or approximately 50.58% of Holly Futures' total issued shares. This includes 275,456,777 A shares directly held, 210,038,330 A shares held through concerted parties, and the 24,255,000 H shares held by its wholly-owned overseas subsidiary, Zhong Shan Company.