Juneyao Airlines controlling shareholder reduces stake

Shanghai Juneyao Airlines Company Limited disclosed that its controlling shareholder, Shanghai Juneyao (Group) Co., Ltd., and its concerted parties have decreased their combined equity interest in the company from 46.39% to 46.00%, a reduction of 0.39%. This change resulted from the controlling shareholder’s sale of 8,606,460 shares through centralized bidding between December 16, 2025, and December 23, 2025.

Prior to this transaction, Shanghai Juneyao (Group) held 44.74% of the shares, which has now decreased to 44.35%. Including its concerted parties, total holdings have fallen from 1,013,248,952 shares to 1,004,642,492 shares. The company notes this share reduction is in line with the previously disclosed plan to sell up to 3% of the company's total share capital.

The company stated that this change in equity will not trigger a mandatory tender offer and does not impact the company's governance structure or ongoing operations. The previously announced reduction plan has not yet been fully implemented, and the company and its shareholders will continue to comply with relevant regulations.