Tianshan Cement's largest shareholder pledges not to reduce holdings

Xinjiang Tianshan Cement (SZSE:000877) announced that its controlling shareholder, China National Building Material Company, has voluntarily committed not to reduce its holdings in the company for a period of 12 months starting May 6, 2025. The commitment is based on confidence in Tianshan Cement's future prospects and long-term investment value. China National Building Material Company currently holds 5,769,352,856 shares, representing 81.14% of Tianshan Cement's equity. The company pledged to uphold its commitment to not reducing its stake even in the event of dividends or bonus share issuances. Tianshan Cement’s board of directors will continuously supervise the fulfillment of the commitment and fulfill its information disclosure obligations in a timely manner.