Shareholder Hangzhou Hongwo of Zhejiang Chenfeng Technology (603685.SH) plans to reduce its shareholding by no more than 3%.

15:57 14/12/2025

Chenfeng Technology (603685.SH) announced that the company's shareholder Hangzhou Hongwo Self-owned Capital Investment Co., Ltd. ("Hangzhou Hongwo") plans to reduce its holdings of the company's shares by up to 2.5095 million shares, which is not more than 1% of the company's total shares, through centralized bidding. Through block trading, the company plans to reduce its holdings of up to 5.019 million shares, which is not more than 2% of the company's total shares.

Announcement from Zhejiang Chenfeng Technology (603685.SH): The company's shareholder Hangzhou Hongwo Self-owned Capital Investment Co., Ltd. ("Hangzhou Hongwo") plans to reduce its holdings of the company's shares by no more than 250.95 million shares, which is no more than 1% of the total share capital, through centralized bidding. Through block trading, it plans to reduce its holdings of the company's shares by no more than 501.9 million shares, which is no more than 2% of the total share capital.

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