Huilong Piston: Pre-disclosure Announcement of Shareholder's Proposed Share Reduction

2026-03-08 09:37:05

Securities Daily Online News: On March 6, HuiLong Piston announced that the company’s actual controller and concerted actors Li Ying and Li Xiaofeng plan to reduce their holdings within three months after 30 trading days from the announcement, through centralized bidding or block trades, by no more than 1,703,520 shares and 1,739,010 shares respectively, accounting for 0.96% and 0.98% of the total share capital. The reduction prices will be determined by the market, and all shares were acquired before listing on the Beijing Stock Exchange. The reason for the reduction is due to their own funding needs.

(Edited by Yuan Guanlin)

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