Bona Film Group sees major shareholder reduce stake below 5%
Zhejiang Dongyang Alibaba Pictures Co., Ltd., a major shareholder in Bona Film Group, has reduced its stake from 5.6153% to 5.0000% (or 5.0044% after excluding repurchased shares). A total of 8,457,499 shares were sold through centralized bidding and block trades between September 1 and October 17, 2025, meaning Dongyang Alibaba Pictures is no longer a shareholder holding 5% or more of the company's shares.
Concurrently, CITIC Securities Investment Co., Ltd. and its concerted parties also completed their share reduction plan, decreasing their collective holdings from 10.2781% to 8.8366% (or 8.8444% after excluding repurchased shares) by selling 19,814,600 shares between July 25 and October 16, 2025. Both share reduction plans, disclosed in June 2025, have now concluded.
These equity changes do not affect the company's controlling shareholder or actual controller, nor do they impact corporate governance or ongoing operations. Dongyang Alibaba Pictures stated the reduction was based on its own arrangements and does not preclude future adjustments to its stake within the next 12 months.
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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