Shanghai Feilo Acoustics (600651.SH): Lingang Group plans to reduce its shareholding by no more than 1.1823%.

16:53 04/08/2025

Feilo Acoustics (600651.SH) issued an announcement stating that the company received a letter from Lingang Group on August 4, 2025.

Shanghai Feilo Acoustics (600651.SH) announced that on August 4, 2025, the company received a notification letter from Lingang Group regarding the plan to reduce its holdings of Shanghai Feilo Acoustics Limited shares. Lingang Group plans to reduce its total holdings of the company's shares by no more than 29.6398 million shares, representing no more than 1.1823% of the company's total share capital, within 3 months after 15 trading days from the date of the announcement disclosure (from August 27, 2025, to November 26, 2025) through centralized bidding and block trading methods.

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Zhejiang Tenchen Controls' subsidiary has become a supplier of passenger car seats for a domestic automotive company in China.