FilingReader Intelligence
Zhejiang Changsheng major shareholder reduces stake below 51%
August 11, 2025 at 10:10 AM UTC•By FilingReader AI
Zhejiang Changsheng Sliding Bearings' major shareholder Sun Zhihua and affiliates sold 7.89 million shares for 487.5 million yuan, reducing their combined stake from 52.84% to 50.83%.
The transaction crossed below the psychologically important 51% threshold while maintaining control of the bearing manufacturer.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:300718•Shenzhen Stock Exchange
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