Yueyang Xingchang shareholder to reduce stake for project funding
Yueyang Xingchang Petrochemical [SZSE:000819] announced that Hunan Changlian Xingchang Group, an entity acting in concert with a major shareholder, intends to reduce its stake in the company. Hunan Changlian Xingchang Group currently holds 12,102,376 shares, representing 3.27% of Yueyang Xingchang's total share capital, will reduce its holdings by no more than 2,000,000 shares (0.54% of total share capital). The shares will be sold via a centralized bidding process within three months, starting on July 22, 2025, and ending on October 21, 2025.
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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