Major shareholders reduce stake in Zhejiang Jingu, crossing 1% threshold

Zhejiang Jingu Co., Ltd. announced that its major shareholders, Hebei Zhongzhong Cold Rolling Material Co., Ltd. and Hebei Zongheng Group Fengnan Iron and Steel Co., Ltd., collectively reduced their stake by 200,000 shares. This reduction, executed on December 15, 2025, through centralized bidding, represents 0.02% of the company's total share capital.

Following this transaction, the combined holdings of the two entities decreased from 6.0035% to 5.9834% of Zhejiang Jingu's total share capital, crossing a 1% integer multiple threshold. The total number of shares held by these two shareholders is now 59,561,187. This share reduction was sourced from shares acquired through centralized bidding in the secondary market and did not involve a prior disclosure.

Hebei Zhongzhong Cold Rolling Material Co., Ltd. specifically sold 200,000 shares. No information regarding any increase in holdings by either shareholder was provided in the announcement.