Harmonious Health cuts stake in Financial Street Holdings

Harmonious Health Insurance Co., Ltd. has reduced its stake in Financial Street Holdings Co., Ltd. On November 26, 2025, Harmonious Health sold 7,561,300 A-shares, representing 0.252977% of the total share capital. This transaction decreased Harmonious Health's holding from 15.017490% to 14.764514%.

This recent share reduction follows an earlier sale between November 24 and November 25, 2025, where Harmonious Health disposed of 19,753,000 A-shares, accounting for 0.660872% of Financial Street Holdings' total share capital, at an average price of 2.9435 yuan per share. The company stated this reduction was due to its own operational needs and that there are no current plans to increase holdings within the next 12 months, though further decreases are not ruled out.

Separately, Financial Street Holdings held its second extraordinary general meeting of shareholders on November 27, 2025. Key resolutions passed included providing financial assistance of 3.486 bn yuan to Wuhan Lianghu Peninsula Real Estate Development Co., Ltd. and the election of Mr. Zhang Bo as a non-independent director.