Wanda Film shareholder Xingye reduces stake below 5%

Wanda Film Holding Co., Ltd. (SZSE:002739) announced that shareholder Xingye Management has reduced its stake below 5%. The reduction occurred between March 27, 2025, and April 8, 2025, with Xingye Management selling 4,840,678 shares, representing 0.23% of the company's total share capital. Following this transaction, Xingye Management directly holds 105,588,851 shares, equivalent to 4.999996% of Wanda Film's total share capital, and together with its acting-in-concert party, controls 120,646,698 shares, representing 5.71% of the total share capital. The share reduction aligns with the previously disclosed reduction plan and adheres to relevant regulations.