Major investors trim stake in Kai Chuang International

As of December 3, 2025, a group of information disclosure obligors, including Beijing Xiaojian Technology Development Co., Ltd. and Beijing Yizhen Technology Development Co., Ltd., collectively reduced their shareholding in Shanghai Kaichuang Marine International. Prior to this change, their combined stake was 12,770,601 shares, representing 5.3004% of the company's total share capital. Following the transaction, their total holding decreased to 12,046,601 shares, equating to 4.9999% of the total share capital.

This represents a net decrease of 724,000 shares, executed via centralized bidding through the stock exchange. Specifically, Beijing Yizhen Technology Development Co., Ltd. decreased its holdings from 6,330,000 shares (2.6272%) to 5,606,000 shares (2.3268%). Beijing Xiaojian Technology Development Co., Ltd. and Wu Changhui maintained their respective shareholdings.

The information disclosure obligors stated that this equity change was made based on their own operational needs and related asset and investment arrangements. They also confirmed no plans for further increases in their holdings within the next 12 months.