Sichuan Shuangma shareholder completes stake reduction plan

Sichuan Shuangma Cement (SZSE:000935) announced that shareholder Tianjin Saikehuan Enterprise Management Center (Limited Partnership) has completed its previously disclosed share reduction plan. From March 27, 2025, to May 29, 2025, Tianjin Saikehuan decreased its holdings by a total of 10,419,026 shares through both centralized bidding and block trading, representing 1.3647% of the company's total share capital. The reduction leaves Tianjin Saikehuan with 8.9051% of the company's shares. The company also stated that Tianjin Saikehuan has signed an "Authorization Letter" with Beijing Harmony Hengyuan Technology Co., Ltd., which is a controlling shareholder, to authorize the latter to exercise its voting rights.