Shenzhen Investment Holdings plans to reduce stake in Shenzhen Properties
Shenzhen Investment Holdings Co., Ltd., the controlling shareholder of Shenzhen Special Economic Zone Real Estate & Properties Group, plans to reduce its shareholding by no more than 10,116,600 shares, representing up to 1% of the company's total share capital. The proposed reduction will occur via centralized bidding over a three-month period, commencing November 11, 2025, to February 10, 2026. The reduction is for operational and development needs.
As of the disclosure date, Shenzhen Investment Holdings directly holds 564,353,838 A shares in Shenzhen Special Economic Zone Real Estate & Properties Group, accounting for 55.78% of the company's total share capital. The shares originated from Shenzhen Construction Investment Holdings Co., Ltd. prior to the equity split reform. The price range for the reduction will be determined by secondary market prices.
Shenzhen Investment Holdings confirmed that this planned share reduction does not violate any previously disclosed holding intentions or commitments and complies with relevant regulatory guidelines. The company emphasized that this plan will not alter the company's control or negatively impact its corporate governance structure or ongoing operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Shenzhen Special Economic Zone Real Estate & Properties Group publishes news
Free account required • Unsubscribe anytime