Junzheng Energy: Shareholder fails to reduce holdings

Inner Mongolia Junzheng Energy & Chemical Group (SSE: 601216) announced that Ms. Tian Xiuying, a shareholder holding more than 5% of the company's shares, did not execute the planned reduction of her holdings before the expiration date on March 12, 2025. The initial reduction plan, disclosed on November 21, 2024, outlined a possible sale of up to 253,140,521 shares, representing 3% of the company’s total shares. Prior to the plan, Ms. Tian held 766,080,000 shares, accounting for 9.08% of Junzheng Energy's total equity. The company confirms that no shares were sold and that the announced reduction plan has concluded.