Beiming Technology major shareholder cuts stake to 8%

Beijing Beiming Weiye Holding, a major shareholder of Shijiazhuang Changshan Beiming Technology, sold 636,500 shares through the Shenzhen Stock Exchange on July 23 due to capital requirements.

The transaction reduced the combined shareholding of Beiming Holding and its concerted parties from 8.04% to 8.00%, crossing the 1% disclosure threshold. The group now holds 12,788,930 shares total.