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Jiangsu Gaoke Petrochemical shareholder plans to reduce holdings

June 12, 2025 at 05:13 AM UTCBy FilingReader AI

Jiangsu Gaoke Petrochemical (SZSE:002778) announced that shareholder Xu Xiaobin, holding 5.00% of the company's shares, plans to reduce his holdings. The proposed reduction involves selling no more than 1,247,533 shares, representing 1.00% of the total share capital. The sale will occur via centralized bidding between July 4, 2025, and September 30, 2025. As of the announcement, Xu Xiaobin holds 6,240,000 shares, with 3,000,000 shares pledged. The company stated that the planned reduction is due to the shareholder's need for personal funds. Jiangsu Gaoke Petrochemical will supervise Xu Xiaobin's compliance with relevant laws and regulations during the reduction period.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002778Shenzhen Stock Exchange
Oil & Gas

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