FilingReader Intelligence

Zhuzhou Smelter shareholder equity shift nears integer threshold

April 22, 2025 at 05:25 AM UTCBy FilingReader AI

Zhuzhou Smelter Group (SSE:600961) announced that Hunan Xiangtou Jinye Private Equity Fund, a shareholder, reduced its holdings, triggering a disclosure requirement as the change approached an integer percentage point. On April 21, 2025, Xiangtou Jinye reduced its stake through centralized competitive bidding by 6,935,100 shares of the company’s unlimited tradable shares. As a result, Xiangtou Jinye's holdings decreased from 65,370,510 shares (6.09% of total share capital) to 58,435,410 shares (5.45% of total share capital). The company clarified that this change was part of a previously disclosed share reduction plan and does not involve a tender offer or alter the control structure of Zhuzhou Smelter Group.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600961Shanghai Stock Exchange
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