Yonghui Superstores shareholder plans to reduce holdings

Yonghui Superstores (SSE:601933) announced that shareholder Beijing Jingdong Century Trade Co., Ltd., intends to reduce its holdings in the company due to its own capital needs. As of March 11, 2025, Beijing Jingdong holds 266,431,001 shares, representing 2.94% of Yonghui’s total share capital. The planned reduction will not exceed 266,431,001 shares, or 2.94% of the total share capital, to be executed via centralized bidding (no more than 90,750,369 shares) and block trading (no more than 175,680,632 shares). The reduction period will commence 15 trading days after the announcement, lasting for three months. The company stated that the shareholder will adhere to relevant laws and regulations during the reduction, fulfilling information disclosure obligations in a timely manner.