Flat Glass Group shareholder completes planned equity reduction

Flat Glass Group Co., Ltd. announced that shareholder Tao Hongzhu has completed the planned reduction of company shares. Tao Hongzhu sold 2,500,000 shares via centralized bidding from April 28, 2025, to July 8, 2025, representing 0.1067% of the company's total share capital. The transaction generated CNY 36,980,428, with share prices ranging from CNY 14.10 to CNY 17.01 per share. Following this reduction, Tao Hongzhu now holds 10,340,000 shares, or 0.4413% of the company's total share capital. The share reduction plan was initially disclosed on April 4, 2025.