Binjiang Group's major shareholder reduces stake

Hangzhou Binjiang Real Estate Group Co., Ltd. (SZSE:002244) reported that its controlling shareholder, Hangzhou Binjiang Investment Holding Co., Ltd., and its concerted parties have reduced their combined shareholdings. Their stake now stands at 61.32% of the company's total share capital, down from 62.16%. This reduction, occurring on December 15 and 16, 2025, crossed the 1% integer multiple threshold.

Specifically, Yuanyang Hongli No. 72 Private Securities Investment Fund offloaded 17,275,000 shares (0.555%), Yuanyang Hongli No. 73 Private Securities Investment Fund sold 7,975,700 shares (0.256%), and Yuanyang Hongli No. 74 Private Securities Investment Fund divested 770,000 shares (0.025%) through block trades. In total, 26,020,700 shares, representing 0.84% of the company's total share capital, were reduced.

The combined holdings of the controlling shareholder and its concerted parties decreased from 1,934,053,972 shares to 1,908,033,272 shares. This transaction aligns with the previously disclosed reduction plan from November 15, 2025, and remains within the planned reduction scope.