Major shareholder reduces stake in Wanhua Chemical
Prime Partner International Limited, a major shareholder in Wanhua Chemical Group, has completed its share reduction plan, as announced on November 1, 2025. The company sold 16,999,947 shares, representing 0.54% of Wanhua Chemical's total share capital. The sales occurred between August 22, 2025, and October 31, 2025, through centralized bidding.
The shares were sold at prices ranging from RMB 61.08 to RMB 69.79 per share, totaling RMB 1,114,800,917.90. This sale aligns with the original plan to reduce holdings by no more than 0.54% of the company's total share capital.
Following the completion of the reduction, Prime Partner International Limited now holds 155,993,282 shares, decreasing its stake in Wanhua Chemical Group from 5.53% to 4.98%. The reduction plan was fully implemented within the specified timeframe.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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