Guoyuan Fund reduces stake in Oriental Ocean, triggering 1% threshold
Shenzhen Qianhai Guoyuan Private Equity Securities Fund Management Co., Ltd. (Guoyuan Fund), a major shareholder of Shandong Oriental Ocean Sci-Tech Co., Ltd., reduced its holding by 15,865,000 shares through block trading on September 16, 2025. This reduction represents 0.81% of the company's total share capital.
Following this transaction, Guoyuan Fund's stake in Oriental Ocean decreased from 9.81% to 9.00%, triggering a 1% integer multiple change in its shareholding. The sale is part of a previously disclosed share reduction plan by a shareholder holding over 5% of the company's shares.
The company confirmed that this share reduction aligns with the previously announced plan and does not lead to a change in the company's control or have a significant impact on its operations. Guoyuan Fund still holds 176,315,727 shares of Oriental Ocean.
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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