Kinlong Hardware shareholder reduces holdings by over 1%

Guangdong Kinlong Hardware Products Co. announced that director Yan Guilin reduced his holdings in the company by more than 1%. Between July 7th and July 8th, 2025, Yan Guilin disposed of 4,061,059 shares, representing 1.16% of the company's total share capital. This move follows a previously disclosed plan from May 7th, 2025, to reduce holdings by no more than 6,249,959 shares (1.79%) through either centralized trading or block trades between May 28th and August 27th, 2025. Following the recent transaction, Yan Guilin's total holdings in Kinlong Hardware decreased from 7.15% to 5.99%, with holdings now totaling 20,938,776 shares. The company confirms that the current reduction is consistent with the previously announced plan.