Lanzhou Zhuangyuan major shareholder to cut stake for personal funding

Ma Hongfu, a director and major shareholder of Lanzhou Zhuangyuan Pasture Co., Ltd. (002910), currently holding 16.47% of the company's total share capital, intends to reduce his holdings. The planned reduction will involve up to 5,807,000 shares, representing 3.00% of the company's total share capital (excluding shares in the company's dedicated repurchase account). The share sale will occur through centralized bidding and block trading methods.

The reduction period is set for three months, commencing 15 trading days after the announcement date (from January 6, 2026, to April 3, 2026). Up to 1,935,840 shares (1.00% of total share capital) will be sold via centralized bidding, and up to 3,871,160 shares (2.00% of total share capital) via block trading. The selling price will be determined by market prices and transaction methods at the time of sale.

Ma Hongfu affirmed that he has strictly adhered to previous commitments, and the current reduction plan does not violate any prior undertakings. This reduction is not expected to alter the company's control or significantly impact its governance structure or ongoing operations.