JiangSu Jinji Industrial's shareholder Transfar Zhilian plans to reduce its stake in the company by 2%.

JiangSu Jinji Industrial (300798.SZ) announced that its shareholder Transfar Zhilian Co., Ltd. (referred to as "Transfar Zhilian"), holding 12.83% of shares, plans to reduce its stake in the company by 9.3761 million shares (2% of the total share capital) through block trading and competitive bidding. The reduction through block trading or competitive bidding is planned to be completed within 3 months after the announcement date, during the 15 trading days from October 16, 2024 to January 15, 2025.