FilingReader Intelligence

Hangzhou Gaoxin shareholder reduces stake below 5%

February 17, 2025 at 05:28 PM UTCBy FilingReader AI

Hangzhou Gaoxin Rubber & Plastic Materials (SZSE:300478) announced that shareholder Liaoning Zhongke Consulting Management Center (Limited Partnership) has reduced its stake in the company to 4.9999487%, or 6,333,585 shares. This change means Liaoning Zhongke is no longer a shareholder holding 5% or more of the company's shares. The reduction was achieved through a series of transactions, including an increase of holdings in April of 2022 of 110,000 shares total. It followed a plan disclosed in December 2024, allowing for share reduction, a change of holdings through block trades or centralized trading that occurred this week. The company clarified that this equity change does not involve changes to the company's controlling shareholder or actual controller and will not affect the company's governance structure.

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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