Henan Zhongfu shareholder reduces stake, nearing planned limit

Henan Zhongfu Industry (SSE:600595) announced that Henan Yi Cheng Venture Capital Group, a shareholder holding over 5% of the company's shares, concluded its planned share reduction period on June 19, 2025. During the reduction window, Yi Cheng Venture Capital divested 69,919,400 shares via block trades, representing 1.74% of Henan Zhongfu's total share capital. The shares were sold within a price range of CNY3.39 to CNY3.76 per share, generating a total of CNY242,345,277.85. While the initial plan aimed for a maximum reduction of 2% of the company's shares, the actual reduction fell short by 1,008,600 shares. Following the transaction, Yi Cheng Venture Capital Group's holdings in Henan Zhongfu stand at 200,471,535 shares, representing 5.00% of the company's total share capital.